Which of the following is an apparent authority during winding up?
A)Providing a third-party notification of the dissolution
B)Continue making new contracts with disregard to the third parties' awareness about the same
C)Conducting business the way it was before its dissolution
D)Filing a Statement of Dissolution with the secretary of state

Question

Which of the following is an apparent authority during winding up?
A)Providing a third-party notification of the dissolution
B)Continue making new contracts with disregard to the third parties' awareness about the same
C)Conducting business the way it was before its dissolution
D)Filing a Statement of Dissolution with the secretary of state

Quizplus · Accepted Answer

Winding-up partners have apparent authority to conduct business as they did before dissolution,when notice of dissolution is not given to those persons who knew of the partnership prior to its dissolution.

Which of the Following Is an Apparent Authority During Winding