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Liability of partners in respect of the firms debts is

This question belongs to Commerce Business And Commerce
Business and Commerce
?

Liability of partners in respect of the firms debts is _______.

Answer & Solution
Correct Answer: Option B
Partners of typical partnership firms have unlimited liability towards their collective debts and legal consequences.
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3 Comments
Sweety Goyal
Sweety Goyal 6 years ago
B SHOULD BE THE RIGHT ANSWER
Ramesh Chilaka
Ramesh Chilaka 8 years ago
Option B is correct
KUNAL KUMAR
KUNAL KUMAR 8 years ago
which management function are most closely related?
a. planning and organising b. planning and staffing
c. planning and co-ordinating d. planning & controlling
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