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Explain rights and liabilties of retired partner? |
Answer» A RETIRED PARTNER continues to be liable to the third party for acts of the firm TILL such time that he or other members of the firm give a public NOTICE of his retirement. However, if the third party deals with the firm without knowing that he was a partner in the firm, then he will not be liable to the third party. Explanation: hope.this helps ✌ |
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