CA CPT 2013 Dec Question Paper Mercantile Laws for online practice

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Question : 34 of 40

Marks: +1, -0

Which of the following is within the scope of implied authority of a partner in a partnership firm?

Enter into partnership on behalf of the firm.
Admit any liability in a suit or proceeding against the firm;
Acquire immovable property on behalf of the firm
Purchasing & selling goods, in which the firm deals.

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