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The loss arising out of partners insolvency shall be borne by ________ according to Garner Vs.Murray case
  • a)
    All the partners equally
  • b)
    Solvent partners in capital ratio
  • c)
    All the partners in profit & loss sharing ratio
  • d)
    None of the Above
Correct answer is option 'B'. Can you explain this answer?
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The loss arising out of partners insolvency shall be borne by ________ according to Garner Vs.Murray casea)All the partners equallyb)Solvent partners in capital ratioc)All the partners in profit & loss sharing ratiod)None of the AboveCorrect answer is option 'B'. Can you explain this answer?
Question Description
The loss arising out of partners insolvency shall be borne by ________ according to Garner Vs.Murray casea)All the partners equallyb)Solvent partners in capital ratioc)All the partners in profit & loss sharing ratiod)None of the AboveCorrect answer is option 'B'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about The loss arising out of partners insolvency shall be borne by ________ according to Garner Vs.Murray casea)All the partners equallyb)Solvent partners in capital ratioc)All the partners in profit & loss sharing ratiod)None of the AboveCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The loss arising out of partners insolvency shall be borne by ________ according to Garner Vs.Murray casea)All the partners equallyb)Solvent partners in capital ratioc)All the partners in profit & loss sharing ratiod)None of the AboveCorrect answer is option 'B'. Can you explain this answer?.
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