Q105
Section 19(2) of the Indian Partnership Act, 1932 has
A.
Contract between the parties as an exception to the statutory restrictions on the partner's implied authority
B.
Custom or usage of the trade as an exception to the statutory restrictions on the partner's implied authority
AnswerC.
Both (A) and (B)
D.
No exception to the statutory restriction on the partner's implied authority
Answer: Option B
Solution
Answer: Option B
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