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 In case of emergency, all rational acts of partner will bind the firm whether they were within the implied authority or not:
  • a)
    True
  • b)
    False
  • c)
    Partly true 
  • d)
    Can’t say 
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
In case of emergency, all rational acts of partner will bind the firm ...
Correct Answer :- a
Explanation : ‘Implied Authority’ of a partner provided in Section 19 of the Indian Partnership Act, 1932. The section provides that subject to the
provisions of Section 22 of the Act, the act of a partner, which is done to carry on, in the usual way, business of the kind carried on by the firm, binds the firm. The authority of a partner to bind the firm conferred by this section is called his ‘Implied Authority’ [Sub-Section(1) of section 19]. Furthermore, every partner is in contemplation of law the general and accredited agent of the partnership and may consequently bind all the other partners by his acts in all matters which are within the scope and object of the partnership.
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In case of emergency, all rational acts of partner will bind the firm whether they were within the implied authority or not:a)Trueb)Falsec)Partly trued)Can’t sayCorrect answer is option 'A'. Can you explain this answer?
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