Which of the Following Is True About the Effect of Purported

question 22

Multiple Choice

Which of the following is true about the effect of purported partnerships?

• A) Purported partners share profits of the business.
• B) A purported partner does not have authority to make contracts for the partnership.
• C) A purported partner is liable on contracts entered into by third parties on their belief that he was a partner.
• D) A purported partner is not liable for the torts committed in the course of relationships entered by third parties who believed he was a partner.

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Definitions:

Deceptive Labelling

The practice of misrepresenting the qualities, ingredients, or characteristics of a product on its label.

Food and Drugs Act

A law that sets standards for the safety and quality of food, drugs, medical devices, and cosmetics.

Penal Statutes

Laws enacted to punish violations serving as deterrents against the commission of crimes.

Common Law Remedies

Legal solutions or compensations available under common law systems, typically including damages, injunctions, and restitution.