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Which of the Following Describes the Relationship of a Partner

Question 3

Multiple Choice

Which of the following describes the relationship of a partner to outsiders of the firm?


A) Partners must act together when dealing with outsiders.
B) Partners cannot bind one another to contracts with outsiders.
C) Partners cannot be agents of the firm.
D) Partners are agents for the firm with the ability to bind the partnership to contracts.

Correct Answer:

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