explain rights and liabilties of retired partner?
Answers
Answered by
1
Answer:
A retired partner continues to be liable to the third party for acts of the firm till such time that he or other members of the firm give a public notice of his retirement. However, if the third party deals with the firm without knowing that he was a partner in the firm, then he will not be liable to the third party.
Explanation:
hope.this helps ✌
Similar questions