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Byju's Answer
Standard XII
Accountancy
Benefits of Debentures
A partner has...
Question

A partner has an implied authority to

A
Acquire immovable property on behalf of the firm
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B
Enter into a partnership on behalf of the firm
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C
Borrow money on behalf of the firm
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D
Relinquish any claim by the firm
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Solution

The correct option is C Borrow money on behalf of the firm
Option C is the correct answer.

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