Civil Engineering Mcqs

In case of bankruptcy of a partnership________________?

(A) The partners are not liable for the liabilities of the partnership

(B) The partnership assets (excluding the partners personal assets) only will be used to pay the liabilities

(C) The partners personal assets are attached to the debt of the partnership

(D) The partners nay sell stock to generate additional capital

Submitted By: Ali Uppal


Share this... Share on Facebook
Facebook
Tweet about this on Twitter
Twitter
Share on LinkedIn
Linkedin
Share on Whatsapp
Whatsapp

  • IF YOU THINK THAT ABOVE POSTED MCQ IS WRONG.

  • PLEASE COMMENT BELOW WITH CORRECT ANSWER AND ITS DETAIL EXPLANATION.

  • Related Mcqs


    Leave a Reply

    Your email address will not be published. Required fields are marked *