This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Partners are responsible for the debts and obligations of the partnership. With respect to ... (Read 65 times)

shofmannx20

  • Hero Member
  • *****
  • Posts: 562
on: Aug 7, 2021
Partners are responsible for the debts and obligations of the partnership. With respect to contracts, each partner is considered to be:
◦ liable only for his or her capital investment should a breach of contract occur.
◦ an agent of the partnership only so that any contract entered into by one partner only binds the partnership entity itself and not the other partners.
◦ a principal of any contract entered into by an employee of the partnership.
◦ the primarily liable party if the partner takes on the role of agent.
◦ an agent of the other partners so that any contract entered into by one partner with respect to the partnership business is binding on them all.
Legal Fundamentals for Canadian Business ¦ Yates ¦ 4th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by shofmannx20 on Aug 7, 2021

bfulkerson77

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Aug 7, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 58% of students answer this correctly


shofmannx20

  • Member
  • Posts: 562
Reply 2 on: Aug 7, 2021
YES! Correct, THANKS for helping me on my review

pangili4

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

It is widely believed that giving a daily oral dose of aspirin to heart attack patients improves their chances of survival because the aspirin blocks the formation of new blood clots.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

The Taung Child, the first of the australopithecines to be discovered, is the type specimen for Aust The Taung Child, the first of the australopithecines to be discovered, is the type specimen for Aust
In 2009, historian Woody Holton described how Abigail Adams shrewdly invested in the Continental Con In 2009, historian Woody Holton described how Abigail Adams shrewdly invested in the Continental Con
Industry is responsible for 21% of global greenhouse gas emissions Industry is responsible for 21% of global greenhouse gas emissions
Land use change and forestry are responsible for 18% of global greenhouse gas emissions Land use change and forestry are responsible for 18% of global greenhouse gas emissions
Differentiate each function with respect to x. (Power rule) Differentiate each function with respect to x. (Power rule)
Frederick Griffith’s experiment identifying a ″transformation factor″ responsible for heredity Frederick Griffith’s experiment identifying a ″transformation factor″ responsible for heredity
Video: Structures that affect circulation - heart and MABP

For a complete list of videos, visit our video library