Examveda
Examveda

Where a partner is authorised to recover dues of the partnership and spend the same for the business of the partnership, and if he does not deposit the money so collected in the bank, the partner is

A. Guilty of criminal breach of trust

B. Accountable civilly to the other partners

C. Both (A) and (B)

D. Either (A) or (B)

Answer: Option B


This Question Belongs to Law >> Indian Partnership Act

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