Actual Authority of Partners to Enter Contracts on Behalf of the Partnership

question 49

Multiple Choice

Actual authority of partners to enter contracts on behalf of the partnership:

• A) means that authority is implied because the conduct of the parties have reasonably led third persons to believe that such authority exists.
• B) means that other partners have approved the contract.
• C) always exists for all partners.
• D) All of the above
• E) None of the above

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