CA CPT 2014 Dec Question Paper Mercantile Laws for online practice

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Question : 36 of 40

Marks: +1, -0

Which of the following is covered under implied authority of a partner?

Submit dispute of the firm to arbitration
To acquire immovable property on behalf of firm
Borrowing money and pledging goods of the firm as a security for the same.
Enter into partnership on behalf of firm.

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