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16-07-2020
Business

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name the liability under which the private assets minus the private liabilities of a partner are liable to pay the liabilities of the firm

Respuesta :

22-07-2020

Answer:

Limited Liability

Explanation:

One of the disadvantages of forming a Partnership is the issue of Limited Liability.

Limited Liability means that Partners are liable for the debts of the company to the extent of their investment in a partnership arrangement.

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