When a partner retires from a’firm but does not give a public notice to this effect, he shall be liable as a partner by holding out until he issues a public notice.
A. True
B. Partly True
C. False
D. None of the above.
Answer:A
When a partner retires from a’firm but does not give a public notice to this effect, he shall be liable as a partner by holding out until he issues a public notice.
A. True B. Partly True C. False D. None of the above.