b. Expulsion of any partner from the business bona fide in accordance with such a power conferred by
the agreement between the partners.
c. A partner becomes in any way incapable of performing his part of the partnership contract.
d. The insolvency of a partner or of the partnership.
30. When is the partnership not bound by the act/s of a partner after dissolution in the following
31. The partnership is not bound in three of the following acts of a partner after dissolution.
However, it is bound in one. Which is it?
a. Where the partner acting is insolvent
b. When it is unlawful to carry on the business
c. When the partner has no authority to wind up partnership affairs and the third person is a previous
creditor who had no knowledge of the partner’s lack of authority
d. When a partner has no authority to wind up partnership affairs and the third person is a new creditor
who has not read the publication of the lack of authority of the partner in a newspaper of general
circulation in the place or places where the partnership business is carried on