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Under Section 19 of the Indian Partnership Act, 1932, in the absence of any usage or custom of trade to…

Section 19(1) binds the firm by a partner's act done to carry on, in the usual way, business of the kind carried on by the firm. Section 19(2) excludes from implied…

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Under Section 19 of the Indian Partnership Act, 1932, in the absence of any usage or custom of trade to the contrary, which of the following acts is within the implied authority of a partner?

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Correct answer A

Section 19(1) binds the firm by a partner's act done to carry on, in the usual way, business of the kind carried on by the firm. Section 19(2) excludes from implied authority submitting disputes to arbitration, admitting liability in a suit and entering into partnership on the firm's behalf.

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