2. Questions Bank
  3. 12th Class
  4. Accountancy
  5. Fundamentals of Partnership

12th Class Accountancy Fundamentals of Partnership Question Bank MCQs - Accounting for Partnership Firm : Fundamental

  • question_answer
    Under what circumstances, a partner can get exemption from sharing losses in a firm?

    A) If he is a senior citizen

    B) If he is a minor

    C) If he is retiring partner 

    D) All of these

    Correct Answer: B

    Solution :

    [b] If he is a minor


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