Steps involved ...

The implied authority of any partner may be _________________.

To bind the firm under implied authority, the act must be done in the ________ of carrying on the firm's business.

___________ can assign or transfer his partnership interest to any other person, so as to make him a partner in the business.

Which of the following act is within the implied authority?

For loss caused to the firm by his fraud in the conduct of the business, every partner shall __________.

N & Z are partners in a firm dealing in stationery. N placed order in the firm's name and on the firm's letter pad for $$10$$ bags of wheat to be supplied at his residence _______________.

Who can give Public Notice of retirement of partner?

Every partner is an agent of the firm and of other partners for __________________.

Nitin, a partner of a firm dealing in computers gives an order for win worth Rs. $$10,000$$ in firm's name. Discuss the liability?

If all partners, or all but one partner, of the firm are declared insolvent ___________.