The liability incurred by a partner in not letting others know of his representative character as an...........

Indian Partnershoip Act (IPA) 1930 Right and Duties etc

The liability incurred by a partner in not letting others know of his representative character as an agent of the firm –

is a personal liability of the partner

is also a liability of the firm

is both joint and several liability

None of the above

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Explanation:

Section 25 –
25. Liability of a partner for acts of the firm. Every partner is liable, jointly with all the other partners and also severally, for all acts of the firm done while he is a partner.

By: santosh

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The liability incurred by a partner in not letting others know of his representative character as an...........

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Explanation:

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