In which of the following case the firm cannot be held...

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In which of the following case, the firm cannot be held liable

A. Where a firm received the sale proceeds of a customer's stock sold by a partner without the customer's consent

B. Where a partner of a firm of solicitors received money from a client for investment on a specific security and misappropriated it

C. Where a partner of a firm of solicitors received money from a client for investment generally at his discretion and misappropriates it

D. All the above

Answer: Option C

This Question Belongs to Law >> Indian Partnership Act

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