If a partner commits wrongful acts within course of

Q: Answer-If a partner commits wrongful acts within course of business of the firm, who shall be liable?

As per s.26 of The Indian Partnership Act, 1932, Where, by the wrongful act or omission of a partner acting in the ordinary course of the business of a firm, or with the authority of his partners, loss or injury is caused to any third party, or any penalty is incurred, the firm is liable therefor to the same extent as the partner.

business of the firm, who shall be liable?

A Entire firm.

B Partner only.

C Designated partners.

D Both B and C

E Only those partners who have in any way contributed to the wrongful or benefitted from wrongful gain.

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If a partner commits wrongful acts within course of

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