Examveda

By implied authority, each partner binds all other partners by his acts in all matters which are within the scope and objects of partnership. In a partnership of general commercial nature, which of the following is not within the implied authority of partners?

A. That every partner may pledge or sell the partnership property

B. That any partner may admit any liability in a suit against the firm

C. That every partner may borrow money on account of the partnership

D. That every partner may engage servants for the partnership business

Answer: Option B


This Question Belongs to Law >> Indian Partnership Act

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