Which of the following sections of the Indian Partnership Act bestows every partner with the authority…
"Section 18" provides that a partner is the agent of the firm for the purposes of the business of the firm; Section 19 then defines the scope of his implied authority.
Choose your answer
Which of the following sections of the Indian Partnership Act bestows every partner with the authority of an agent?
Answer and explanation
Correct answer B
"Section 18" provides that a partner is the agent of the firm for the purposes of the business of the firm; Section 19 then defines the scope of his implied authority.
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