As Per the Doctrine of _____, If One Partner Signs

question 36

Multiple Choice

As per the doctrine of _____, if one partner signs a contract with a supplier in the name of the partnership, the other partners are also bound by the terms of the contract.

• A) l imited partnership
• B) general partnership
• C) ostensible authority
• D) s ole proprietorship
• E) l imited liability

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Definitions:

Seligman

A psychologist known for his work on learned helplessness, depression, and the development of Positive Psychology.

Giving Up

The act of relinquishing effort or surrendering to circumstances, often resulting from feelings of defeat or hopelessness.

Diffuse Feeling States

Broad, often unclear emotional experiences that lack a specific, identifiable cause and can influence mood and behavior.

Long-lasting

Refers to something that endures or continues over a significant period, showing durability or permanence.