Which one of the following is correct?
In case of an LLP, each partner binds the LLP by his own acts but not the other partners.
In case of an LLP, every designated partner binds the LLP by his own acts but not the other partners.
In case of an LLP, every designated partner binds the LLP as well as the other partners by his own acts.
In case of an LLP, each partner binds the LLP as well as the other partners by his own acts.
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