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Question

Legal Studies Question on Company Law

A firm would be bound by the implied authority of the partner if he

A

Opens a banking account on behalf of the firm in his own name

B

Withdraws a suit or proceeding filed on behalf of the firm

C

Acquires immovable property on behalf of the firm

D

None of the above

Answer

None of the above

Explanation

Solution

The correct option is (D):None of the above.