Q74
A firm consists of X, Y and Z. A who is not a partner, makes a representation to B that he is also a partner and on the faith of this representation B gives credit to the firm.
A.
B can make A liable on the basis of holding out
B.
A is estopped from denying that he is a partner in the firm
C.
X, Y and Z will be liable for A's act
D.
Both A and B
AnswerAnswer: Option D
Solution
Answer: Option D
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