Question
According to the Partnership Act who is liable as a
partner in a firm?Solution
Section28 Holding out: (1) Anyone who by words spoken or written or by conduct represent himself, or knowingly permits himself to be represented, to be a partner in a firm, is liable as a partner in that firm to anyone who has on the faith of any such representation given credit to the firm, whether the person representing himself or represented to be a partner does or does not know that the representation has reached the person so giving credit. (2) Where after partner's death the business continued in the old firm-name, the continued use of that name or of the deceased partner's name as a part thereof shall not of itself make his legal representative or his estate liable for any act of the firm done after his death.
In the following question select the answer pair that expresses a relationship most similar to that expressed in the capitalised pair.
COMPLAIN...
Select the most appropriate antonym of the bold word.
He was reluctant to leave the village for the job he liked the most.
Choose the one which best expresses the meaning of the given word .
Euphoria
Select the most appropriate meaning of the idiom:
"To throw in the towel"
- In the following sentence, choose the word opposite in meaning to the bold word to fill in the blank.
Although the professor's explanation was verb... Find the word with the appropriate similar meaning of the word in Italic from the options given:
The CEO appreciated the manager's astute decis...
- In each of the following questions, a pair of words is given. This pair is followed by four other pairs, one of which has a relationship most similar to th...
In each of the following questions, three out of four words given have the same meaning. Mark the number as your answer which is different in meaning f...
Find out the appropriate word.
Select the most appropriate synonym of the given word
Fascination