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Law · Q250

Indian Partnership Act

Graduate and Post Graduate · Law · question 250

Q250

Z and W are partners in a stationery business. Z orders on the firm's letter head to supply two bags of wheat at his residence. What will be the liability of the firm under the Indian Partnership Act, 1932?

A.
The firm is not liable to pay the debt
Answer
B.
The firm is liable to pay the debt
C.
The firm is liable only for half of the debt
D.
None of the above

Answer: Option A

Solution

Answer: Option A
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