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 72 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
Wow, this really help

parshano

  • Member
  • Posts: 333
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

This chart illustrates the “drip down” model of government. In this, politics is formed by the soc This chart illustrates the “drip down” model of government. In this, politics is formed by the soc
The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha The recent mass upheavals in Tunisia, Egypt, Libya, Yemen, and Syria gave political scientists a cha
Keim silicate paint, 14,000 sq. ft. Architect: Zimmer Gunsel Frasca Partnership. Keim silicate paint, 14,000 sq. ft. Architect: Zimmer Gunsel Frasca Partnership.
The neural pathway responsible for the production and learning of song in the male canary. The neural pathway responsible for the production and learning of song in the male canary.
How humans maintain homeostasis with respect to water and ions How humans maintain homeostasis with respect to water and ions
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 systolic/diastolic BP

For a complete list of videos, visit our video library