Question

The partner who is unable to pay his liabilities is called as
a) Solvent
b) Insolvent
c) Working
d) Sleeping
partner.​

Answer 1

option b is the correct answer dear

b)insolvent

plz thank me follow me nd mark as brainlist answer

Answer 2

Answer:

Insolvent Partner

Explanation:

In partnership form of business organisation, When two or more person working together for earning profit in a legal aspect. These persons contribute their capital in the business. These persons are called Partner in Business frim.

There are various types of partners in partnership business as:

1. Active or Working partner- The person who contribute capital, taking actively participate in every affairs of business

2. Sleeping Partner - The person who contribute capital but do not take actively participate in business activity.

3. Insolvent partner - The person who is unable to pay his side of his liabilities, not able to contribute through his personal assets.

So, Insolvent Partner is a person who is unable to pay his liabilities.

#SPJ3