Multiple choice

Section 9 of the Indian partnership Act states that a partner is bound to indemnify the firm any loss caused by his fraud.

  1. True

  2. False

  3. Partly true

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

Section 9 expressly states that partners must indemnify the firm for losses caused by their fraud. This is a strict liability provision - if fraud causes loss, indemnification is mandatory regardless of intent.

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