Multiple choice

If an active partner is served a notice, the other partner can not plead ignorance of the same

  1. True

  2. False

  3. Partly true

  4. Cannot say

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

When a notice is served on an active partner, it is considered notice to the firm under Section 23 of the Partnership Act. Other partners cannot claim ignorance; the law treats the firm as a single entity for such purposes. This principle ensures third parties can deal with the partnership confidently.