_____ Is a Partnership Arising When in Fact None Exists

question 34

Multiple Choice

_____ is a partnership arising when in fact none exists, where one allows himself or herself to be represented as a partner, thus incurring partnership liability.

• A) Partnership by estoppel
• B) Implied partnership
• C) Express partnership
• D) Express agency
• E) Implied agency

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Definitions:

Iphigenia

A figure in Greek mythology, daughter of Agamemnon, whose story varies but is often associated with sacrifice for divine favor in war.

Agamemnon

A mythical king of Mycenae who was a central figure in the Trojan War, leading the Greek forces in the epic struggle documented in Homer's Iliad.

Trojan War

A significant conflict in Greek mythology that was fought between the city of Troy and the Greeks, sparked by the abduction of Queen Helen.

Sacrifices

The act of giving something up, destroying, or surrendering something valued for the sake of something considered as having a higher or more pressing claim, often seen in religious contexts but applicable in varied life situations.