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Law · Q498

Indian Partnership Act

Graduate and Post Graduate · Law · question 498

Q498

Where a partner retires from a partnership, as long as public notice is not given

A.
The firm will be answerable for the acts of the retired partners
B.
The retired partner will be answerable for the acts of the firm
C.
Only (B) and not (A)
D.
Both (A) and (B)
Answer

Answer: Option D

Solution

Answer: Option D
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