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Law · Q342

Indian Partnership Act

Graduate and Post Graduate · Law · question 342

Q342

Section 27 of the Act recognizes the liability of the firm for a particular kind of wrong done by a partner.

A.
Misapplication of money or property received from a third party
Answer
B.
Misusing the authosrity vested
C.
Acts done against public policy
D.
None of the above

Answer: Option A

Solution

Answer: Option A
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