X, Y and Z are partners in a firm. X, without the authority of Y and Z – McqOptions

MCQOPTIONS

1.	X, Y and Z are partners in a firm. X, without the authority of Y and Z buys certain shares in his name out of partnership money. These shares will constitute
A.	Partnership liability
B.	Partnership Property
C.	Partnership networth
D.	Partnership Capital
Answer» C. Partnership networth

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