Zen Distilleries, a tobacco wholesaler, operates in a state where individual sales are prohibited for wholesalers. However, if one of the partners sells two cartons of cigarettes to an individual, the contract is likely to be:
A) enforceable in a court of law.
B) binding on the firm.
C) enforceable on the selling partner.
D) null and void.
Correct Answer:
Verified
Q8: When a partner makes an honest mistake:
A)
Q9: Each partner has the duty to inform
Q10: Each partner must keep a written record
Q11: Which of the following is a duty
Q14: Explain the customary or implied authority of
Q15: Brian, Kirk, and Jim established a partnership
Q16: Which of the following should be contained
Q17: Articles of partnerships need not contain the
Q18: A partnership does not have liability for
Q19: By virtue of the existence of a
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