"An act of partner, which is done to carry on, in the usual way, business of the kind carried
on the firm, binds the firm." Explain and state the acts within the implied authority of a partner and no implied authority.
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Answer:
indian partnership act 1932
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Explanation:
Subject to the provisions of section 22, the act of a partner which is done to carry on, in the usual way, business of the kind carried on by the firm, binds the firm. The authority of a partner to bind the firm conferred by this section is called his implied authority.
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