All the partners are equally ___________ for the repayment of all the debts

Not liable

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Liable

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Jointly Liable

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Both A & C

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is B
Liable

All the partners are equally liable for the repayment of all the debts

Suggest Corrections

Similar questions

State True or False. The partners are not liable to repay any debt.

Is a sleeping partner liable for the acts of other partner?

Join BYJU'S Learning Program