In a General Partnership,if One Partner Cannot Pay His or Her

question 124

True/False

In a general partnership,if one partner cannot pay his or her part of the debts,the other partner or partners must pay with their personal assets.

---

Definitions:

Fissure

A deep, narrow, elongated cleft or groove on the surface of an organ or tissue.

Protuberance

A protuberance refers to a part of the body or an organ that projects out or bulges beyond the surface level, often due to swelling or growth.

Cytoplasmic Extensions

Projections or protrusions from the cell body, such as dendrites and axons in neurons, which help in communication and transport between cells.

Canaliculi

Small, channel-like structures within bone tissue that allow for the exchange of nutrients and waste products between blood vessels and osteocytes.