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CBSE Class 11-commerce Answered

Identify the type of partnership in which the liability of at least one partner is unlimited and the rest of the partners have limited liability. 
Asked by Topperlearning User | 27 Jun, 2016, 02:47: PM
answered-by-expert Expert Answer

Limited partnership is one in which the liability of at least one member is unlimited and the rest of the partners have limited liability.

 

Answered by | 27 Jun, 2016, 04:47: PM
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CBSE 11-commerce - Business Studies
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Identify the type of partnership in which the liability of at least one partner is unlimited and the rest of the partners have limited liability. 
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ANSWERED BY EXPERT ANSWERED BY EXPERT
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