Question

As per s. 18 a partner is:

A Agent of the firm. Correct Answer Incorrect Answer
B Agent of the firm for business of the firm. Correct Answer Incorrect Answer
C Not an agent of the firm Correct Answer Incorrect Answer
D Not an agent of the firm but of other members of the firm. Correct Answer Incorrect Answer
E Principal of the firm and agent of other partners. Correct Answer Incorrect Answer

Solution

S.18 PARTNER TO BE AGENT OF THE FIRM. Subject to the provisions of this Act, a partner is the agent of the firm for the purposes of the business of the firm.

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