The Principle Whereby Each Partner Is Responsible for the Business

question 55

Multiple Choice

The principle whereby each partner is responsible for the business actions of all other partners when the actions are carried out in the normal course of business is known as:

• A) unlimited liability.
• B) mutual agency.
• C) perpetual life.
• D) the rule in Garner versus Murray.

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Definitions:

Human Retina

The light-sensitive layer at the back of the eye that contains cells (rods and cones) which convert light into neural signals for vision.

Wavelength

The distance between successive peaks of a wave, often used to describe the physical property of light, sound, and other waves.

Dark Adaptation

The process by which the eyes become more sensitive to light in low illumination, improving the ability to see in darkness.

Cones

Photoreceptor cells in the retina of the eye that function best in relatively bright light and are responsible for perceiving color and fine detail.