Mr. Rehan and Mr. Abu Bakar were partners in a distribution firm of tomato catchup and had decided that no partner shall have the right to buy or sell goods above Rs. 2,000,000 without mutual consent of all Partners. Due to sudden crisis in the market, prices of products were started falling sharply. Mr. Abu Bakar without obtaining mutual consent sold all the perishable stock worth Rs. 2,950,000. Explain the liability of Mr. Abu Bakar