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of <h1>Section 18 of the Indian Partnership Act, 1932: Partners Act as Agents, Binding the Firm in Business Dealings.</h1> Under the Indian Partnership Act, 1932, specifically Section 18, a partner in a partnership firm acts as an agent of the firm concerning the firm's business activities. This agency relationship allows the partner to represent and bind the firm in dealings with third parties, subject to the provisions of the Act.
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