Examveda
Examveda

The authority of a partner to bind the firm by his acts done in the usual course of business is called his "implied authority". Such authority does not include:

A. Selling the firm's goods

B. To borrow in a trading firm

C. Settling accounts with the persons dealing with the firm

D. Withdraw a suit or proceeding filed on the firm's behalf

Answer: Option D


This Question Belongs to Law >> Indian Partnership Act

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