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Commerce · Q530

Business and Commerce

Graduate and Post Graduate · Commerce · question 530

Q530

A partner under his 'Implied Authority' can

A.
enter into partnership with others on behalf of the firm
B.
submit a dispute relating to the business of the firm for arbitration
C.
defend any suit filed against the firm
Answer
D.
withdraw any suit or proceeding filed on behalf of the firm

Answer: Option C

Solution

Answer: Option C
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