Option A: A partner can acquire immovable property on firm’s behalf or transfer immovable property (e.g. sale mortgage, lease or gift) belonging to the firm
Option B: A partner can admit any liability in a suit or proceeding against the firm
Option C: A partner can always enters into partnership on behalf of firm
Option D: All of the above
Correct Answer
Option: b
Explanation
This temple is located in the Western Temple complex in Khajuraho. Khajuraho is a small village in Chattarpur District of Madhya Pradesh, India.
Sample Mock Tests for Practice
THE LIMITATION ACT, 1963 (PAPER 06 Q. NO. 201 TO 240)