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Partners whose liabilities are restricted to their financial contribution to the ...

Partners whose liabilities are restricted to their financial contribution to the partnership in the event of winding up are
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Ordinary partners
  • B Limited partners
  • C Dormant partners
  • D Sleeping partners
Correct Answer: Option B
Explanation:
Limited partner is a partner in a company or venture whose liability towards its debts is legally limited to the extent of their investment.

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