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A partner must give a public notice of his retirement from the firm in order absolve himself from the liability for the acts of the other partners done after his retirement is known as

Question:

A partner must give a public notice of his retirement from the firm in order absolve himself from the liability for the acts of the other partners done after his retirement is known as

A.

Dormant partner

B.

Ostensible partner

C.

Nominal partner

D.

Partner by estoppel

Answer» b. Ostensible partner

Note: The above multiple-choice question is for all general and Competitive Exams in India