Partners Act as Agents

question 2

Multiple Choice

Partners act as agents

• A) for third parties when dealing with the part- nership.
• B) for the partnership only when that authority is expressly given.
• C) only to the extent that authority is granted in the partnership agreement.
• D) of the partnership and the other partners when dealing with third parties.

---

Definitions:

Your Convenience

A phrase often used to suggest a time or place that is easy and suitable for someone to meet or do something.

General Favorable

An overall positive or advantageous condition or situation.

Relevant Material

Content or information that is directly related to the topic at hand and contributes to its understanding or discussion.

Order Acknowledgment

A formal confirmation from a seller to a buyer acknowledging the receipt and detailing the specifications of an order.