Multiple choice

A person who is not a partner in any firm may under certain circumstances be liable for the debts as if he were a partner on the basis of the ‘doctrine of estoppel’ or ‘holding out’. Under which section of the Partnership Act is this laid down?

  1. Section 26

  2. Section 27

  3. Section 28

  4. Section 29

  5. None of these
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Doctrine of holding out or doctrine of estoppel is laid down under Section 28 of the Partnership Act.

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