WAEC Accounting 2019 Objective — Question 31
Question 31 of 50 from the West African Examinations Council (WAEC) Accounting 2019 Objective paper, with the correct answer and a full explanation.
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The partner whose liability goes beyond his capital is a
- A. nominal partner
- B. general partnerCorrect
- C. limited partner
- D. dormant partner
Explanation
A general partner's liability goes beyond his capital contribution (unlimited liability).
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