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Law · Q380

Indian Partnership Act

Graduate and Post Graduate · Law · question 380

Q380

Contractual restrictions on the partner's implied authority as provided in section 20 of the Indian Partnership Act, 1932 are

A.
Binding on all the persons dealing with the firm, without knowledge of the restrictions
B.
Binding on all the persons dealing with the firm only if they have knowledge of the restrictions
Answer
C.
Not binding on the persons dealing with the firm at all
D.
Either (B) or (C)

Answer: Option B

Solution

Answer: Option B
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