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Which of the statements below is true of Mr Abayomi?

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Commerce JAMB 1998

Which of the statements below is true of Mr Abayomi?

  • He can assign his shares to another without consent of other partners
  • He cannot take part in the management of the business
  • His actions as a limited partner can bind the firm checkmark
  • His death will automatically dissolve partnership

The correct answer is: C

Explanation

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