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Law · Q159

Indian Partnership Act

Graduate and Post Graduate · Law · question 159

Q159

A partner cannot acquire or transfer immovable property on behalf of the firm. However such an act can be done by a partner.

A.
If he has been expressly authorized by the other copartner
B.
If there is usage or custom of trade permitting him to do the same
C.
With the consent of majority of the partners
Answer
D.
Either (A) or (B)

Answer: Option C

Solution

Answer: Option C
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