Ralph, a partner, doing partnership along with Gilbert and Vicky, during course of the partnership, pays a sum of $4,000 to one of the suppliers out of his personal account. The partnership firm will have to pay back this amount to Ralph as per the partner's right to _____.

Question

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Ralph made a payment on behalf of the partnership from his personal account, which means he is entitled to indemnification. This means that the partnership must reimburse him for the expenses he incurred in the course of partnership business. A, C, D, and E are not applicable in this scenario.

Ralph, a Partner, Doing Partnership Along with Gilbert and Vicky