What do you mean by the term implied authority

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Reference no: EM133944496

Assignment:

  1. A, without authority, buys goods for B. Afterwards B sells them to C on his own account. Can C do it? If yes, under which provision he is authorized to do it?
  2. What do you mean by the term 'Implied Authority'? Is this authority absolute or not? Give your views by referring the provisions of Indian Partnership Act 1932?
  3. What do you mean by Partnership? Explain the essential elements of it? What is the importance of Partnership Deed? Do you agree that there is enough space for parties to adjust terms and conditions of partnership according to their own convenience?

Reference no: EM133944496

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