________ Means That Partners Can Commit or Bind the Partnership

question 92

Short Answer

________ means that partners can commit or bind the partnership to any contract within the scope of the partnership business.

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Definitions:

The Ego

According to Freud, is a psychological mechanism that balances the conflicting needs of the pleasure-seeking id and the restraining superego.

Impulsive

Acting or done without careful consideration of the possible consequences; driven by immediate desires.

Generalized Other

A concept in sociology that represents the general expectations of society that individuals take into account when shaping their behavior.