Q103
A firm can be held liable for the wrongful act of a partner where the act has been ratified by the partners, provided
A.
The act could be legally done with the authority of the partners
B.
The partners ratify the act with full knowledge of the facts
C.
Neither (A) nor (B)
D.
Both (A) and (B)
AnswerAnswer: Option D
Solution
Answer: Option D
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