An outgoing partner can carry on a competing business and also advertise such business. For this purpose, in the absence of contract to the contrary —

Related MCQs

• Under Section 36 of this Act an outgoing partner may carry on business competing with that of the firm and he may advertise such business, but, subject to contract to the contrary he may not
• Agreement in restraint of trade is void. But if an outgoing partner agrees with the firm that he will not carry on any competing business, such an agreement will be valid if:
• Where the goodwill of the firm is sold after dissolution, a partner may carry on a business, competing with that of the buyer and he, subject to the agreement between the buyer and him self, may not:
• Unless there is a contract to the contrary, the effect insolvency of a partner is that:
• When goodwill of the firm is sold upon dissolution, and a partner carries on a competing business, which of the following is permissible?
• A, B and C jointly promise to pay ` 3,000 to X. In the absence of express agreement to the contrary, X can bring an action against:
• In the absence of any express or implied directions from the offeror to the contrary, can an offer be accepted by a letter?
• A promises B not to carry on a similar business as that of B if B pays him a certain amount. B pays the money but A continues to carry on the business. B can
• After a firm is dissolved, every partner or his representative may restrain any other partner or his representative from carrying on similar business in the firm's name or by using firm's property for own benefit, until:
• When the performance of a contract becomes impossible, the purpose which the parties had in mind is frustrated. If the purpose becomes impossible because of supervening event, the promisor is excused from the performance of the contract. This is known as :