Question
question 1 In which type of partnership firm, does all partners jointly and severally liable for the business debts to the full extent of their
question 1
In which type of partnership firm, does all partners jointly and severally liable for the business debts to the full extent of their property?
options
O a. General partnership
O b. Liability partnership
O c. Limited partnership
question 2
Which of the following statement is 'TRUE' regarding capital accounts?
options
O a. Capital account balances under fixed capital method changes every year
O b. Capital account balances under fluctuating capital method is constant every year
O c. Current account balances under fixed capital method changes every year
O d. Current account balances under fluctuating capital method changes every year
O d. Liability company
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Successful Fundraising For Arts And Cultural Organizations
Authors: Carolyn S. Friedman, Karen B. Hopkins
2nd Edition
1573560294, 978-1573560290
