Multiple choice

Section 26 of the partnership Act states the liability of the firm wrongful acts of a partner.

  1. True

  2. False

  3. Partly true

  4. Cannot say
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Section 26 of the Indian Partnership Act 1932 specifically states that every partner is liable jointly with all other partners and also severally for all acts of the firm done while they are a partner. This includes liability for wrongful acts committed by any partner in the ordinary course of business.

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