Discussion :: Engineering Economics
- In case of bankruptcy of a partnership,
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A.
The partners are not liable for the liabilities of the partnership |
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B.
The partnership assets (excluding the partners personal assets) only will be used to pay the liabilities |
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C.
The partners personal assets are attached to the debt of the partnership |
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D.
The partners nay sell stock to generate additional capital |
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Answer : Option B
Explanation :
Explanation Not Provided
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