can firm use private asset of partner for paying off the firm's debt.
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Answered by
1
Answer:
yes
Explanation:
private assets of all the partners except minor , sleeping,partner by estoppel
Answered by
1
Answer:
The concerned partner is personally libel for his private debits . If the firm's debt exceeds the firm's assets , then private assets of the partners may be utilised to pay back the firm's debt , if only the partners private assets exceeds his / her own private debits
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