This topic contains a solution. Click here to go to the answer

Author Question: Which one of the following statements is correct with respect to the law of partnership? (Read 68 times)

cool

  • Hero Member
  • *****
  • Posts: 570
Which one of the following statements is correct with respect to the law of partnership?
◦ Every partner is responsible for every contract entered into by the partnership.
◦ Partners cannot bind their partners in contract without specific written authority.
◦ A partner is responsible for contracts with third parties entered into by the partners only where it has been clearly stated by the partner to the third parties that he is entering the contract on behalf of the partnership.
◦ Partners are responsible for any contracts entered into by the partners related to the partnership business.
◦ Partners are only responsible for contracts entered into by the partnership if the third party knew that the person it was dealing with was a partner in the partnership.


Related Topics

Need homework help now?

Ask unlimited questions for free

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

meganlapinski

  • Sr. Member
  • ****
  • Posts: 333
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 39% of students answer this correctly




cool

  • Member
  • Posts: 570
Reply 2 on: Aug 7, 2021
Thanks for the timely response, appreciate it


olderstudent

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

For a complete list of videos, visit our video library