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Under the Indian Partnership Act, 1932, after sale of goodwill, a partner may not:

Section 55(2)(b) provides that, subject to agreement with the buyer of goodwill, a partner may not "represent himself as carrying on the business of the firm". He may carry…

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Under the Indian Partnership Act, 1932, after sale of goodwill, a partner may not:

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Correct answer A

Section 55(2)(b) provides that, subject to agreement with the buyer of goodwill, a partner may not "represent himself as carrying on the business of the firm". He may carry on and advertise a competing business, and nothing stops him from joining a new partnership or dealing with new customers.

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