Which of the Following Is True Regarding a Partner's Actual

question 11

Multiple Choice

Which of the following is true regarding a partner's actual authority to bind a partnership once a partnership is dissolved?

• A) A partner has no actual authority to bind the partnership after the partnership is dissolved.
• B) A partner has actual authority to bind the partnership for 10 days after the partnership is dissolved.
• C) A partner has actual authority to bind the partnership for 30 days after the partnership is dissolved.
• D) A partner has actual authority to bind the partnership for 45 days after the partnership is dissolved.
• E) After a partnership is dissolved, a partner has actual authority to bind the partnership to any third party who has not been given notice of dissolution.

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Definitions:

Old Routines

Established habits or ways of doing things that are often resistant to change.

Role Patterns

Refers to the typical behaviors, responsibilities, and expectations associated with particular positions or roles within an organization or social setting.

Change Management

The discipline that guides how to prepare, equip, and support individuals to successfully adopt change in order to drive organizational success and outcomes.

Refreezing

Represents the final stage in Lewin's change management model where new behaviors or changes are solidified into the organizational culture after a change process.