When a guarantee is given to a partner by some partners, deficiency on such guarantee is borne by
When a guarantee is given to a partner by some partners, deficiency on such guarantee is borne by
a) All of the other partners
b) Partnership Firm
c) Partner who gave the guarantee
d) None of the partners
Anurag Pathak Changed status to publish April 9, 2023
Ans – c)
Explanation:-
When a guarantee is given by one partner or a few partners to the other partners. The Deficiency is borne by only those partners who gave the guarantee.
Anurag Pathak Changed status to publish April 4, 2023
