Multiple choice

Section 13 (e) of the Indian partnership Act states the right of a partner to indemnity.

  1. True

  2. False

  3. Partly true

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

Section 13(e) of the Indian Partnership Act 1932 explicitly states that a partner has the right to be indemnified by the firm for any payments made or liabilities incurred by him in the ordinary and proper conduct of the business. This protects partners from personal financial loss when acting on behalf of the firm. The answer True is correct because this is a standard statutory right.

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