Which of the Following Statements Is True of Partners in a Nontrading

question 95

Multiple Choice

Which of the following statements is true of partners in a nontrading partnership?

• A) The partners are usually engaged in the business of selling and buying commodities.
• B) The partners have an implied authority to pledge the credit of the firm.
• C) The partners have no implied power to borrow money.
• D) The partners are exempt from showing any actual power for the firm to be bound.
• E) The partners are allowed to conduct any business transaction regardless of the authority vested in them.

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Definitions:

Metapopulations

A group of spatially separated populations of the same species which interact at some level, often considered in conservation biology and disease dynamics.

Lineages

Sequences of species that have evolved from a common ancestor, depicted in family trees showing evolutionary relationships.

Extrinsic Postzygotic Isolation

A reproductive barrier where offspring of two different species are viable and fertile, but external factors prevent them from thriving.

Mimetic

Relating to or involving mimicry, often used to describe organisms that imitate other species or their environment for survival benefits.