Mark the incorrect statement in relation to implied authority of a partner under Sec 19 ........

Indian Partnershoip Act (IPA) 1930 Others

Mark the incorrect statement in relation to implied authority of a partner under Sec. 19:

A partner can always enter into partnership on behalf of the firm.

A partner can acquire immovable property on firm's behalf or transfer immovable property (e.g. sale, mortgage, lease or gift) belonging to the firm.

A partner can admit any liability in a suit or proceeding against the firm.

All are incorrect.

All are incorrect.

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