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      Question

      Partner's authority in an emergency is covered under

      which section of Indian Partnership Act?
      A S. 21. Correct Answer Incorrect Answer
      B 22. Correct Answer Incorrect Answer
      C 25. Correct Answer Incorrect Answer
      D 18. Correct Answer Incorrect Answer
      E No express provision Correct Answer Incorrect Answer

      Solution

      S. 21 PARTNER'S AUTHORITY IN AN EMERGENCY. A partner has authority, in an emergency, to do all such acts for the purpose of protecting the firm from loss as would be done by a person of ordinary prudence, in his own case, acting under similar circumstances, and such acts bind the firm.

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