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In a Partnership Mutual Agency Means

Question 56

Multiple Choice

In a partnership mutual agency means


A) each partner acts on his own behalf when engaging in partnership business.
B) the act of any partner is binding on all other partners only if partners act within their scope of authority.
C) an act by a partner is judged as binding on other partners depending on whether the act appears to be appropriate for the partnership.
D) that partners must pay taxes on a mutual or combined basis.

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