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Monopoly Impacts and Government Interventions

Where the out...

Question

Where the outgoing partner carries on a competing business, which of the following is permissible?

A

Use of firm's name

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B

Holding out as carrying on the business of the firm

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C

Soliciting the custom of the firm's customers/suppliers etc

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D

Advertising such competing business

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Solution

The correct option is D Advertising such competing business
If an outgoing partner carries on a competing business from their prior business, then they have the full authority to advertise such business.

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Q. Assertion :When a partner is expelled otherwise than in good faith, it is null and void and he continues to be a partner. Reason: The outgoing partner cannot carry on a competing business or advertise such business.

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