1.

Explain rights and liabilties of retired partner?​

Answer»

ANSWER:

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 ✌



Discussion

No Comment Found

Related InterviewSolutions