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6\ Which of the following statements is true in relation to a General Partnership? ...

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Accounting

6\ Which of the following statements is true in relation to a General Partnership?

I. Personal properties of a partner may also be used to pay off the firms debts.

II. All partners have limited liability in the firm.

a\ II only

b\ Both the statements are true

c\ Both the statements are false

d\ I only

choose the correct answer

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