In case of bankruptcy of a partnership________________? – McqOptions

MCQOPTIONS

1.	In case of bankruptcy of a partnership________________?
A.	The partners are not liable for the liabilities of the partnership
B.	The partnership assets (excluding the partners personal assets) only will be used to pay the liabilities
C.	The partners personal assets are attached to the debt of the partnership
D.	The partners nay sell stock to generate additional capital
Answer» C. The partners personal assets are attached to the debt of the partnership

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