Accountancy, asked by mohitshahi048, 9 months ago

the liabitty of patners in patnership firm under patnership act 1932 is

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Answered by raotd
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Answer:

Partners are persons who agree to jointly run a business, make profit and share the profit amongst themselves. ... When the actions of a firm or partners of a firm are wrongful to a third party, the Indian Partnership Act, 1932, has made ample provisions on who bears the liability, in what circumstance.

Explanation:

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