Q1323
Where a manager of a joint family borrows money on a promissory note, the other members of the joint family are
A.
Liable if the borrowing is for family business
B.
Liable if the borrowing is to meet a family necessity
C.
Not liable as they are not parties to the promissory note
D.
Liable if the borrowings are for family business or family necessity even though they are not parties to the promissory note
AnswerAnswer: Option D
Solution
Answer: Option D
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