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Law · Q435

Indian Partnership Act

Graduate and Post Graduate · Law · question 435

Q435

Where a partner is authorised to recover dues of the partnership and spend the same for the business of the partnership, and if he does not deposit the money so collected in the bank, the partner is

A.
Guilty of criminal breach of trust
B.
Accountable civilly to the other partners
Answer
C.
Both (A) and (B)
D.
Either (A) or (B)

Answer: Option B

Solution

Answer: Option B
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