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Law · Q586

Indian Partnership Act

Graduate and Post Graduate · Law · question 586

Q586

All the benefits and liabilities arising out of a contract made on behalf of a partnership do not

A.
Belong to the partnership if the contract has been performed before the dissolution of the firm
B.
Belong to the partnership if the contract has been performed before the retirement of the firm
C.
Belong to the partnership if the contract has been performed after the dissolution of the firm or retirement of a partner
D.
None of the above
Answer

Answer: Option D

Solution

Answer: Option D
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