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A and B Carry on Business as a General Partnership,which

Question 12

Multiple Choice

A and B carry on business as a general partnership,which recently went bankrupt.In the event that the partnership assets are insufficient to pay off the creditors of the partnership


A) both A's and B's personal assets will be seized.
B) neither A's nor B's personal assets will be seized.
C) only B's personal assets will be seized.
D) only A's personal assets will be seized.
E) none of the above

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