Ch 12: Relations of Partners to One Another
1. The Duties, Rights and Liabilities of Partners
1-1 General Duties of Partners [I]
Query: Jo loss hoga wo compensate teeno ko krna prega mtlb equally between them all???? ......Ya phir Beshak wo ek k fraud ki waja sy hua ho bakio ki koi glti na ho to wo loss jiski wja sy hua hoga usne bear krna akeley???.....
Reference: General duties of partners
Response: Example 5 is quite clear on this:
1. Firm will be liable to third party to pay it the compensation.
2. Other partners can claim their portion of compensation from the partner who committed fraud.
2. The Property of the Firm
3. Objective Based Q&A