Under the UPA,which of the following acts does not bind the partnership unless authorized by all of the partners?
A) Selling goods in the ordinary course of the partnership business
B) Use of partnership property for partnership business
C) Acting as an agent for the partnership
D) Confessing judgment in a claim against the partnership

Question

Quizplus · Accepted Answer

Confessing judgment in a claim against the partnership requires authorization from all partners, as it involves legally binding the partnership to a settlement or judgment without the opportunity for a trial. The other choices (A, B, and C) are actions that are considered within the scope of partnership business and can be authorized by any partner unless the partnership agreement states otherwise.

Under the UPA,which of the Following Acts Does Not Bind