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Question

The authority of a partner to bind the firm by his acts done in the usual course of business is called his ‘implied authority’. Such authority does not include

The authority of a partner to bind the firm by his acts done in the usual course of business is called his ‘implied authority’. Such authority does not include

.

Option A: Selling the firm’s goods

Option B: To borrow in a trading firm

Option C: Setting account with the persons dealing with the firm.

Option D: Withdraw a suit or proceeding filed on the firm’s behalf

Correct Answer

Option: d

Explanation

Section 19(2) of Partnership Act.

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