Respond to the following scenarios, under the provisions of Partnership Act, 1932:

Case#1

Farooq and Wahab are partners in a trading firm and have decided that no partner shall have the right to buy or sell goods beyond the value of Rs. 100,000 without consent of the other partner. Due to a sudden crisis in the market, prices of a product started falling sharply. Farooq without consulting Wahab sold all the perishable stock worth Rs. 95,000 in order to restrict the firm's loss. Can Wahab hold Farooq responsible for miscond?

Case#2

Saleem and Shahid are lawyers who have entered into a partnership namely SS Associates. Noreen approached SS Associates for a property dispute case. However, after seeing Saleem's capabilities, Noreen gave Rs. 350,000 to Saleem for investment in stocks and bonds at his discretion on her behalf. Saleem hid the said fact from Shahid and used the money to meet his personal needs. Subsequently, Noreen filed a suit on the firm for the recovery of Rs. 350,000. Evaluate the validity of suit filed by Noreen.