Q571
In which of the following case, the firm cannot be held liable
A.
Where a firm received the sale proceeds of a customer's stock sold by a partner without the customer's consent
B.
Where a partner of a firm of solicitors received money from a client for investment on a specific security and misappropriated it
C.
Where a partner of a firm of solicitors received money from a client for investment generally at his discretion and misappropriates it
AnswerD.
All the above
Answer: Option C
Solution
Answer: Option C
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