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Byju's Answer
Standard XII
Accountancy
Adjustments Incase of Death of a Partner
A retiring pa...
Question
A retiring partner is not liable to any 3rd party in which of the following circumstances
A
Who deals with the firm without knowing that he was a partner
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B
Who deals with the firm fully knowing that he was not a partner
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C
Who does not know about the partners particulars
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D
Who is strange to the contract
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Solution
The correct option is
A
Who deals with the firm without knowing that he was a partner
Option A is the correct answer.
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Similar questions
Q.
Where a minor on attaining majority elects to become a partner, he does not becomes personally liable as other partners to the third parties for all the acts of the firm done since he was admitted to the benefits of partnership.
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Which of the following partners are not liable in relation to the firm?
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