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In a Partnership, Debts Accumulated by One Partner

Question 268

Multiple Choice

In a partnership, debts accumulated by one partner


A) are the responsibility of that partner only.
B) are the responsibility of the other partners as well.
C) are the responsibility of all the employees of the partnership, regardless of whether those employees are partners.
D) are the responsibility of the other partners only up to the amount each partner initially invested in the partnership.

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