A, B and C are three partners in a partnership firm dealing in ready-made garments. A...

 

Transcribed Image Text:

A, B and C are three partners in a partnership firm dealing in ready-made garments. A on his own without knowledge and consent of remaining partners enter into a forward trading of commodities and run into heavy losses, a can A B C D Not pass on the loss to the firm Recover the loss from the personal estate of other partners Pass on the loss to active partner None A, B and C are three partners in a partnership firm dealing in ready-made garments. A on his own without knowledge and consent of remaining partners enter into a forward trading of commodities and run into heavy losses, a can A B C D Not pass on the loss to the firm Recover the loss from the personal estate of other partners Pass on the loss to active partner None

Answer rating: 100% (QA)

A can ANot pass on the loss to the firm partnership this is an agreement between 2 or more ... View the full answer