True. In an ordinary partnership in South Africa, each partner is jointly and severally liable for the debts and obligations of the partnership. This means that if the partnership incurs a debt, a creditor can pursue any one partner for the entire amount owed, not just a portion related to that partner's share of the partnership.
in an ordinary partnership each partner is jointly snd severally liable for the debts of the partnership in south africa
true or false
1 answer