Accountancy, asked by midhatf970, 4 months ago

is a sleeping partner liable for the acts of other partners?
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Answers

Answered by Anonymous
7

Answer:

Yes

Explanation:

A sleeping partner does not take active part in the business but he is liable for any act done by other partners. But his liability is limited up to the amount of capital contribution made by him for payment of any debt. Regards. yes,he will be liable to the third parties for the act of other partners.

Answered by celljovi007
1

Explanation:

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are frm infant Jesus school??????

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