In the case of loss to any party caused by a partner due to negligence or tort the loss shall be borne by ___________________.

All the partners in their capital ratio

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All the partners in their profit sharing ratio

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By defaulting partner only

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Managing partner only

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Solution

The correct option is D All the partners in their profit sharing ratio
In the case of loss to any party caused by a partnerdue to negligence or tort the loss shallbe borne by all the partners in theie profit sharing ratio.

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