Multiple choice

Which section of the Partnership Act lays down that where, by the wrongful act or omission of a partner acting in the ordinary course of the business of a firm, loss or injury is caused to any third party, the firm is liable to the same extent as the partner?

  1. Section 20

  2. Section 24

  3. Section 26

  4. Section 27

  5. Section 30
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C Correct answer
Explanation

Section 26 of the Indian Partnership Act provides liability of the firm for the wrongful acts of the partner.

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