CA Foundation Exam > CA Foundation Questions > X and Y are partners in a firm dealing in gar...
Start Learning for Free
X and Y are partners in a firm dealing in garments. X Placed an order in the firm’s name and on the firm’s letter head for 10 bottles of wine to be supplied at his residence:
- a)The firm is not liable for A’s act
- b)The firm is liable for tort
- c)A has acted within his implied authority
- d)The firm is liable for A’s Act
Correct answer is option 'A'. Can you explain this answer?
| FREE This question is part of | Download PDF Attempt this Test |
Most Upvoted Answer
X and Y are partners in a firm dealing in garments. X Placed an order ...
For 500 pieces of shirts from a manufacturer. The cost of each shirt is $10. Y received the order and realized that the manufacturer sent 550 pieces of shirts instead of 500.
The total cost of the shirts would be 550 * $10 = $<550*10=5500>>5500.
Since X placed the order, X would be responsible for paying for the shirts.
The total cost of the shirts will be divided equally between X and Y since they are partners.
Therefore, X would need to pay $5500 / 2 = $<5500 =2750="">>2750 for the extra shirts.
The total cost of the shirts would be 550 * $10 = $<550*10=5500>>5500.
Since X placed the order, X would be responsible for paying for the shirts.
The total cost of the shirts will be divided equally between X and Y since they are partners.
Therefore, X would need to pay $5500 / 2 = $<5500 =2750="">>2750 for the extra shirts.
Attention CA Foundation Students!
To make sure you are not studying endlessly, EduRev has designed CA Foundation study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in CA Foundation.
|
Explore Courses for CA Foundation exam
|
|
Similar CA Foundation Doubts
Top Courses for CA FoundationView all
X and Y are partners in a firm dealing in garments. X Placed an order in the firm’s name and on the firm’s letter head for 10 bottles of wine to be supplied at his residence:a)The firm is not liable for A’s actb)The firm is liable for tortc)A has acted within his implied authorityd)The firm is liable for A’s ActCorrect answer is option 'A'. Can you explain this answer?
Question Description
X and Y are partners in a firm dealing in garments. X Placed an order in the firm’s name and on the firm’s letter head for 10 bottles of wine to be supplied at his residence:a)The firm is not liable for A’s actb)The firm is liable for tortc)A has acted within his implied authorityd)The firm is liable for A’s ActCorrect answer is option 'A'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about X and Y are partners in a firm dealing in garments. X Placed an order in the firm’s name and on the firm’s letter head for 10 bottles of wine to be supplied at his residence:a)The firm is not liable for A’s actb)The firm is liable for tortc)A has acted within his implied authorityd)The firm is liable for A’s ActCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for X and Y are partners in a firm dealing in garments. X Placed an order in the firm’s name and on the firm’s letter head for 10 bottles of wine to be supplied at his residence:a)The firm is not liable for A’s actb)The firm is liable for tortc)A has acted within his implied authorityd)The firm is liable for A’s ActCorrect answer is option 'A'. Can you explain this answer?.
X and Y are partners in a firm dealing in garments. X Placed an order in the firm’s name and on the firm’s letter head for 10 bottles of wine to be supplied at his residence:a)The firm is not liable for A’s actb)The firm is liable for tortc)A has acted within his implied authorityd)The firm is liable for A’s ActCorrect answer is option 'A'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about X and Y are partners in a firm dealing in garments. X Placed an order in the firm’s name and on the firm’s letter head for 10 bottles of wine to be supplied at his residence:a)The firm is not liable for A’s actb)The firm is liable for tortc)A has acted within his implied authorityd)The firm is liable for A’s ActCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for X and Y are partners in a firm dealing in garments. X Placed an order in the firm’s name and on the firm’s letter head for 10 bottles of wine to be supplied at his residence:a)The firm is not liable for A’s actb)The firm is liable for tortc)A has acted within his implied authorityd)The firm is liable for A’s ActCorrect answer is option 'A'. Can you explain this answer?.
Solutions for X and Y are partners in a firm dealing in garments. X Placed an order in the firm’s name and on the firm’s letter head for 10 bottles of wine to be supplied at his residence:a)The firm is not liable for A’s actb)The firm is liable for tortc)A has acted within his implied authorityd)The firm is liable for A’s ActCorrect answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for CA Foundation.
Download more important topics, notes, lectures and mock test series for CA Foundation Exam by signing up for free.
Here you can find the meaning of X and Y are partners in a firm dealing in garments. X Placed an order in the firm’s name and on the firm’s letter head for 10 bottles of wine to be supplied at his residence:a)The firm is not liable for A’s actb)The firm is liable for tortc)A has acted within his implied authorityd)The firm is liable for A’s ActCorrect answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
X and Y are partners in a firm dealing in garments. X Placed an order in the firm’s name and on the firm’s letter head for 10 bottles of wine to be supplied at his residence:a)The firm is not liable for A’s actb)The firm is liable for tortc)A has acted within his implied authorityd)The firm is liable for A’s ActCorrect answer is option 'A'. Can you explain this answer?, a detailed solution for X and Y are partners in a firm dealing in garments. X Placed an order in the firm’s name and on the firm’s letter head for 10 bottles of wine to be supplied at his residence:a)The firm is not liable for A’s actb)The firm is liable for tortc)A has acted within his implied authorityd)The firm is liable for A’s ActCorrect answer is option 'A'. Can you explain this answer? has been provided alongside types of X and Y are partners in a firm dealing in garments. X Placed an order in the firm’s name and on the firm’s letter head for 10 bottles of wine to be supplied at his residence:a)The firm is not liable for A’s actb)The firm is liable for tortc)A has acted within his implied authorityd)The firm is liable for A’s ActCorrect answer is option 'A'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice X and Y are partners in a firm dealing in garments. X Placed an order in the firm’s name and on the firm’s letter head for 10 bottles of wine to be supplied at his residence:a)The firm is not liable for A’s actb)The firm is liable for tortc)A has acted within his implied authorityd)The firm is liable for A’s ActCorrect answer is option 'A'. Can you explain this answer? tests, examples and also practice CA Foundation tests.
|
|
Explore Courses for CA Foundation exam
|
|
Suggested Free Tests
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup