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    Question

    Partner's liability for acts of the firm is___?

    A Jointly with other partners Correct Answer Incorrect Answer
    B Severally for all acts of the firm. Correct Answer Incorrect Answer
    C Jointly for acts of the firm and severally with other partners Correct Answer Incorrect Answer
    D Both A and B. Correct Answer Incorrect Answer

    Solution

    ┬а S. 25 LIABILITY OF A PARTNER FOR ACTS OF THE FIRM. ┬а 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.

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