Start learning →

A retired partner stays liable to third parties until what?

APublic notice is given
BAccounts are settled
CProfits are declared
DCapital is repaid
Answer & Solution
Correct answer: A. Public notice is given
Section 32(3) keeps him liable for acts that would have been firm acts until public notice of retirement is given.
Practise this question with Quill — CA Foundation →

Keep practising Partnership

Browse all Partnership questions for CA Foundation, or explore more Businesslaw topics.

Start a Partnership lesson →
Related questions