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When shall a retired partner be discharged from his liabilities for the acts of the firm before retirement? Archives - MBA Case Study Solutions

Corporate Law – Discuss the term ‘Continuing Guarantee’. How can it be revoked

1. (a) Discuss the term ‘Continuing Guarantee’. How can it be revoked?

State briefly the rights and obligations of a bailee.

2. (a) What do you understand by the term Implied ‘Authority of a partner’?

(b)  Enumerate the acts which are not covered under implied authority.


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