Is a sleeping* partner liable to the acts of other partners? Post category:Accountancy Reading time:1 mins read SOLUTION Yes, sleeping partner is liable to the acts of other partners. Please Share This Share this content Opens in a new window X Opens in a new window Facebook Opens in a new window Pinterest Opens in a new window LinkedIn Opens in a new window Viber Opens in a new window VK Opens in a new window Reddit Opens in a new window Tumblr Opens in a new window Viadeo Opens in a new window WhatsApp Read more articles Previous PostState the provisions of Indian Partnership Act regarding the payment of remuneration to a partner for the services rendered. Next PostIn the absence of partnership deed, what is the ratio in which the profits of a firm are divided among the partners? You Might Also Like What is the nature of ‘Revaluation Account’? September 26, 2022 Inventory turnover ratio of a Company is 5 times. State, giving reason, whether the ratio improves, declines or does not change if goods costing Rs. 20,000 is sold for 18,000. October 3, 2022 What is meant by ‘Reconstitution of a Partnership Firm’? (Delhi and Al 2014) October 7, 2022 Leave a Reply Cancel replyYou must be logged in to post a comment.
Inventory turnover ratio of a Company is 5 times. State, giving reason, whether the ratio improves, declines or does not change if goods costing Rs. 20,000 is sold for 18,000. October 3, 2022