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A partner who loses his capital only, in case of bankruptcy, is a 

Commerce
WAEC 2024

A partner who loses his capital only, in case of bankruptcy, is a 

  • A. a normal partner
  • B. a limited partner
  • C. general partner
  • D. an active partner
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Correct Answer: Option B
Explanation

A limited partnership is a partner  whose liability is limited  to the amount contributed 

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