Which One of the Following Statements Is Correct with Respect

question 165

Multiple Choice

Which one of the following statements is correct with respect to the law of partnership?

• A) Every partner is responsible for every contract entered into by his or her partner.
• B) Partners are only responsible for contracts entered into by their partnership if the third party knew that the person they were dealing with was a partner in the partnership.
• C) Partners are responsible for any contracts entered into by their partners related to the partnership business.
• D) A partner is responsible for contracts with third parties entered into by their partners only where it has been clearly stated by the partner to the third party that he is entering the contract on behalf of the partnership.
• E) Partners cannot bind their partners in contract without specific written authority.

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Definitions:

Int

A primitive data type in Java and many other programming languages that represents an integer, a numerical value without a fractional component.

Double Quantity

A term not clearly defined but likely refers to a data type in programming used to store double-precision floating point numbers.

Variable

A symbolic name associated with a value and whose associated value can be changed.

Assignment Operator

In programming, an operator that assigns a value to a variable, typically represented as '=' in many languages.