CameraIcon

SearchIcon

MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Business Studies

Features, Merits & Limitations of Partnership

What aspect h...

Question

What aspect helps in reducing burden and stress on an individual partner.

A

Shared by one

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

B

Sharing of risks jointly by all partners.

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

C

Shared by the partner who owns more shares.

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

D

Shared by none

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

Open in App

Solution

The correct option is B
Sharing of risks jointly by all partners.

Sharing of risks jointly by all partners.

Suggest Corrections

thumbs-up

0

Similar questions

Q. Share of goodwill brought in cash by the new partner is shared by the old partners _________.

Q. State 'True' or 'False'

The goodwill brought in by the new partner is shared by all partners.

Q. Partnership deed provides that loss due to insolvency of a partner shall be shared by the remaining partners in the profit sharing ratio. There is a loss due to the insolvency of a partner. This will be shared by the remaining partner ___________.

Accumulated Profits/ Losses & Reserves on the retirement of a partner is shared by the partners in their :

Q. Accumulated Profits/Losses & Reserves on the retirement of a partner are shared by the partners in their __________.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Sole Proprietorship and Partnership

BUSINESS STUDIES

Watch in App

explore_more_icon

Explore more

Features, Merits & Limitations of Partnership

Standard XI Business Studies

Join BYJU'S Learning Program

CrossIcon