Where the money received from a third party by the firm, in the ordinary course of its business, is misapplied by one of the partners to his own use, then the

A. Liability of the firm for the acts of a partner B. Liability of a partner for the acts of the firm C. Liability of the firm for the wrongful acts of a partner D. Rights of a partner

A. Out of profits only B. Out of capital if no profits C. Out of capital if losses D. Either (A) or (B) or (C)

A. Independent of section 44(a) to 44(f) of the Act B. Ejusdem generis with sections 44(a) to 44(f) of the Act C. Either (A) or (B) D. Only (A) and not (B)

A. Suit in respect of any transaction which forms an item of the partnership account B. Suit for money lent by him to a firm of which he is a member C. Suit for contributions in respect of moneys borrowed by him under an express agreement with them for the purposes of partnership D. All the above