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प्रश्न
What is implied agency in partnership?
लघु उत्तरीय
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उत्तर
Implied agency in partnership means that every partner is an implied agent of the other partners and of the firm. This implies that any partner can act on behalf of the firm and bind the other partners by their actions in the normal course of business. Each partner is liable for acts performed by other partners on behalf of the firm.
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