Multiple choice

Partner by holding out is governed by Section of _______ The Indian Partnership Act, 1932.

  1. 28

  2. 17

  3. 30

  4. 11
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A Correct answer
Explanation

Section 28 of the Indian Partnership Act, 1932 governs 'partner by holding out' (also known as estoppel). This section deals with situations where a person represents themselves as a partner in a firm, or allows others to do so, making them liable to third parties who deal with the firm based on that representation.

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