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प्रश्न
State with reasons whether the following statement true or false.
In a partnership the liability of every partner of a firm is unlimited.
विकल्प
True
False
उत्तर
In a partnership the liability of every partner of a firm is unlimited : True
Explanation: The liability of every partner in a partnership firm is unlimited. This implies that the personal property of each partner can be used for paying business debts if the assets of the business are not sufficient to pay them off.
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