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
AnswerD.
Either (A) or (B)
Answer: Option C
Solution
Answer: Option C
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