Most Important Question for Judiciary Exams.
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Negative Marking: 0.25
Question 1 of 5
1 . Q1. X and Y are partners in a trading firm. X borrows Rs.9,000/- from P and executes a pronote in the name of the firm. X spends the money in purchasing a plot of land in his own name for his personal purpose. Can P hold Y also liable for the debt? Give reason.