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Law · Q434

Indian Partnership Act

Graduate and Post Graduate · Law · question 434

Q434

A partner doing an act on behalf of the firm which he is not authorized to do, it open to the other partners to

A.
Ratify or disclaim whole transaction
Answer
B.
Ratify a part of the transaction and repudiate the remainder
C.
Either (A) or (B)
D.
Neither (A) nor (B)

Answer: Option A

Solution

Answer: Option A
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