Accountancy, asked by anarMahkpriyan, 1 year ago

Can a partner be exempted from sharing losses in a firm? If yes, under what circumstaances

Answers

Answered by arjun432
5
NO, partner can not be exempted from sharing losses because partners are owner of firm and all profit and losses are bear by owners only.
Answered by avanthikapradeep2004
0

Answer:

NO

Explanation:

NO, partner can not be exempted from sharing losses because partners are owner of firm and all profit and losses are bear by owners only

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