The authority of a partner to bind the firm conferred by Section 19 of the Indian Partnership Act, 1932…
Partnership Act section 19(1) expressly calls the described authority to bind the firm implied authority. It concerns a partner’s act done to carry on the firm’s usual…
Choose your answer
The authority of a partner to bind the firm conferred by Section 19 of the Indian Partnership Act, 1932 is called:
Answer and explanation
Correct answer B
Partnership Act section 19(1) expressly calls the described authority to bind the firm implied authority. It concerns a partner’s act done to carry on the firm’s usual business in the usual way, subject to the Act and contractual restrictions. Express authority is authority separately conferred rather than the statutory named implication.
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