A Partner Requires a Majority Vote to Do Those Acts

question 43

True/False

A partner requires a majority vote to do those acts that are customary for a member of a partnership conducting the particular business of that partnership.

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Definitions:

Minority Influence

The process by which a smaller number of individuals can change the opinions or behaviors of the majority, often through consistency and confidence in their stance.

Majority

The greater part or number; the number greater than half the total.

Self-Confidence

An individual's belief in their own abilities, capacities, and worth, which influences their actions and attitudes.

Social Loafing

The circumstances in which persons engaged in a group task demonstrate lower efforts in goal accomplishment than in solitary work conditions.