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Law · Q52

Indian Partnership Act

Graduate and Post Graduate · Law · question 52

Q52

Admission made by a partner, in connection with the affairs of the firm and in the ordinary course of business of the firm, by virtue of section 23 of the Indian Partnership Act, 1932, are

A.
Relevant and create estoppel
Answer
B.
Relevant and conclusive
C.
Relevant, create estoppel and are conclusive
D.
Neither (A) nor (C)

Answer: Option A

Solution

Answer: Option A
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