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The private property of any partner shall be applied first in payment of : 
  • a)
    Firm’s debt 
  • b)
    Joint debt 
  • c)
    Personal debts 
  • d)
    Unsecured debts 
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
The private property of any partner shall be applied first in payment ...
Debts
b) Partner's personal debts
c) Partner's salary
d) Firm assets
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Community Answer
The private property of any partner shall be applied first in payment ...
C
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The private property of any partner shall be applied first in payment of :a)Firm’s debtb)Joint debtc)Personal debtsd)Unsecured debtsCorrect answer is option 'C'. Can you explain this answer?
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The private property of any partner shall be applied first in payment of :a)Firm’s debtb)Joint debtc)Personal debtsd)Unsecured debtsCorrect answer is option 'C'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about The private property of any partner shall be applied first in payment of :a)Firm’s debtb)Joint debtc)Personal debtsd)Unsecured debtsCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The private property of any partner shall be applied first in payment of :a)Firm’s debtb)Joint debtc)Personal debtsd)Unsecured debtsCorrect answer is option 'C'. Can you explain this answer?.
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