Question

    As per s. 18 a partner is:

    A Agent of the firm. Correct Answer Incorrect Answer
    B Agent of the firm for business of the firm. Correct Answer Incorrect Answer
    C Not an agent of the firm Correct Answer Incorrect Answer
    D Not an agent of the firm but of other members of the firm. Correct Answer Incorrect Answer
    E Principal of the firm and agent of other partners. Correct Answer Incorrect Answer

    Solution

    Partnership Act  S.18 PARTNER TO BE AGENT OF THE FIRM. Subject to the provisions of this Act, a partner is the agent of the firm for the purposes of the business of the firm.

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