A Partner Has Implied Authority To

question 59

Multiple Choice

A partner has implied authority to:

• A) hire and fire employees necessary for operation of the business.
• B) purchase property necessary for the business.
• C) bring legal actions to enforce claims of the partnership.
• D) All of these.

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Definitions:

Dialogue

A conversation between two or more people as a feature of a book, play, or movie, or a discussion aimed at resolution.

Positive Reinforcement

A technique in behavior modification that involves rewarding a desirable behavior in order to increase the likelihood of its recurrence.

Human Nature

The inherent characteristics, including ways of thinking, feeling, and acting, that humans are believed to have naturally.

Recognition

The act of acknowledging or identifying something or someone seen, heard, or known previously.