CA CPT June 2015 Question Paper Mercantile Laws for online practice

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Question : 39 of 40

Marks: +1, -0

If X,Y,Z are partners and Z is murdered by ‘W’. W comes with a proposal to enter into partnership and Yobjects. What is the situation?

Estate of ‘W’ is liable after ‘Z’s death
W is liable after ‘Z’s death
Z’s estate is liable for the debts before his death
Z’s estate is not liable for the debts after his death

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