Upton was surprised to find his partner had signed an agreement to sell products to a customer at below cost.He tried to cancel the contract but found out that:
A) partners have legal power of attorney to do as they please.
B) each partner is in essence a sole proprietor.
C) partners are seldom trustworthy.
D) any partner can legally bind the company without the consent of any other partner.
Correct Answer:
Verified
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