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Is a sleeping partner liable for …

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Is a sleeping partner liable for the acts of active partners ? Give reason.

Posted by Naina Gupta 6 years, 7 months ago

CBSE > Class 12 > Accountancy

1 answers

Mimansha Rawat 6 years, 7 months ago

Yes;bcoz he is after all a partner of the business and liable for all the profit and loss

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