A partner who has the authority to borrow money also has authority to:
A)issue negotiable instruments.
B)convey a partnership's real property.
C)bind the partnership in transactions occurring outside the ordinary course of business.
D)sell the partnership's assets without consent from other partners.

Question

Quizplus · Accepted Answer

A partner who has the authority to borrow money also has authority to issue negotiable instruments such as promissory notes for that purpose.

A Partner Who Has the Authority to Borrow Money Also