In a General Partnership,the Acts of One Partner in the Ordinary

question 26

True/False

In a general partnership,the acts of one partner in the ordinary course of business subjects both the partner and the firm to liability.

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Definitions:

Careful Thinking

The process of thinking in a judicious, meticulous manner, ensuring attention to detail and consideration of all aspects before forming a judgment or conclusion.

Tautologies

Statements that are true in all possible interpretations or scenarios, basically asserting the same thing in different words.

Truth

The quality or state of being in accord with fact or reality, free from falsehood or distortion.

Ontological Argument

A philosophical argument for the existence of God, asserting that God, as the greatest being conceived, must exist in both the mind and in reality.