Which of the following statement is NOT true?
A. The estate of the deceased partner is not liable for debts contracted after his death
B. An incoming partner is not liable for debts incurred before his joining
C. The other partners are not liable for fraud committed by a partner in the course of management of the business
D. None of the above
Answer:C
Which of the following statement is NOT true?
A. The estate of the deceased partner is not liable for debts contracted after his death B. An incoming partner is not liable for debts incurred before his joining C. The other partners are not liable for fraud committed by a partner in the course of management of the business D. None of the above