2. Questions Bank
  3. 12th Class
  4. Accountancy
  5. Fundamentals of Partnership

12th Class Accountancy Fundamentals of Partnership Question Bank MCQs - Accounting for Partnership Firm : Fundamental

  • question_answer
    The liability of the partners in a partnership firm under the Indian Partnership Act is:

    A) limited   

    B) unlimited

    C) no liability

    D) depend on the situation

    Correct Answer: B

    Solution :

    [b] unlimited


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