The Implied Authority of Each Partner to Bind the Other

question 3

Multiple Choice

The implied authority of each partner to bind the other partners in the partnership does not include authority to:

• A)hire employees.
• B)buy and sell trading stock.
• C)give a guarantee on behalf of the partnership.
• D)write cheques on behalf of the partnership.

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Definitions:

Armature Windings

Coils of wire wound around the armature of an electric machine (such as a motor or generator) which are responsible for generating magnetic fields when current passes through them.

Field Windings

These are coils of wire within an electric motor or generator that create a magnetic field when electricity passes through them.

Current Flow

The movement of electric charge through a conductor, typically measured in amperes, integral to the operation of electronic devices and circuits.

Peak Torque

The maximum torque output of an engine or motor, representing the highest level of twisting force it can produce.