A Third Person Should Recognize That a Partner Has Limited

question 30

Multiple Choice

A third person should recognize that a partner has limited or no authority if:

• A) the partner seeks to act for the partnership concerning a matter not within the usual business of the firm.
• B) the third person knows that the partnership has been terminated.
• C) the partner seeks to pay a personal obligation by issuing a promissory note in the name of the firm.
• D) all of the above.

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Definitions:

Overweight Adolescents

Young individuals, typically aged 10-19, whose body mass index is above the normal range for their age and height, potentially leading to health issues.

Depressed

Experiencing persistent feelings of sadness, hopelessness, and a lack of interest or pleasure in activities, affecting one's daily functioning.

Anxious

A feeling of worry, nervousness, or unease about something with an uncertain outcome.

ADHD

Attention-Deficit/Hyperactivity Disorder, a neurodevelopmental disorder characterized by inattention, hyperactivity, and impulsivity.