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Which of the following acts is included in the implied authority of a partner?
  • a)
    Withdrawing of suit
  • b)
    Pledging of goods for acquiring loan for the firm 
  • c)
    Open a bank A/c on behalf of firm on his own name 
  • d)
    File a suit.
Correct answer is option 'B'. Can you explain this answer?
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Which of the following acts is included in the implied authority of a partner?a)Withdrawing of suitb)Pledging of goods for acquiring loan for the firmc)Open a bank A/c on behalf of firm on his own named)File a suit.Correct answer is option 'B'. Can you explain this answer?
Question Description
Which of the following acts is included in the implied authority of a partner?a)Withdrawing of suitb)Pledging of goods for acquiring loan for the firmc)Open a bank A/c on behalf of firm on his own named)File a suit.Correct answer is option 'B'. 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 Which of the following acts is included in the implied authority of a partner?a)Withdrawing of suitb)Pledging of goods for acquiring loan for the firmc)Open a bank A/c on behalf of firm on his own named)File a suit.Correct answer is option 'B'. 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 Which of the following acts is included in the implied authority of a partner?a)Withdrawing of suitb)Pledging of goods for acquiring loan for the firmc)Open a bank A/c on behalf of firm on his own named)File a suit.Correct answer is option 'B'. Can you explain this answer?.
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