Which Statement Is Correct Regarding a Partner's Actual Authority to Bind

question 66

Multiple Choice

Which statement is correct regarding a partner's actual authority to bind a partnership once a partnership is dissolved?

• A) A partner has no actual authority to bind the partnership after the partnership is dissolved.
• B) A partner has actual authority to bind the partnership for 10 days after the partnership is dissolved.
• C) A partner has actual authority to bind the partnership for 30 days after the partnership is dissolved.
• D) A partner has actual authority to bind the partnership for 45 days after the partnership is dissolved.
• E) After a partnership is dissolved, a partner has actual authority to bind the partnership to any third party who has not been given notice of dissolution.

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Definitions:

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