Section 36 of the Indian Partnership Act, 1932 deals with:
Section 36 deals with the rights of an outgoing partner to carry on a competing business: he may compete and advertise, but subject to contract he may not use the firm name,…
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Section 36 of the Indian Partnership Act, 1932 deals with:
Answer and explanation
Correct answer A
Section 36 deals with the rights of an outgoing partner to carry on a competing business: he may compete and advertise, but subject to contract he may not use the firm name, represent himself as carrying on the firm's business or solicit its old customers. Sharing of subsequent profits is in s.37, revocation of guarantees in s.38 and liability of a deceased partner's estate in s.35.
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