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In which of the following cases, a firm will not be liable for the wrongful act or omission of a partner:
A partner of a firm while acting in the ordinary course of business colluded with a partner of another firm causing loss to the other firm.
A partner, acting within the scope of his implied authority, raised money by drawing bills in a fictitious name, and he used the money in the firm's business.
Receipt of money, due to the firm, by one of the partners by way of set off against his personal debt to the other party.
None of the above.
By: santosh ProfileResourcesReport error
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