What are the most likely sources of regulation a partnership must be aware of as it conducts its business each day?
A) contract,agency,and corporate law
B) partnership,employment,and application law
C) agency,contract,and partnership law
D) contract,employment,and application law

Question

Quizplus · Accepted Answer

Partnerships must be aware of agency law because partners can act as agents for the partnership, contract law due to the agreements they enter into, and partnership law which governs the operation of partnerships.

What Are the Most Likely Sources of Regulation a Partnership