The authority directly and overtly given by all those people in a partnership to a particular partner, orally or in writing, is called that partner's:
A) express authority.
B) implied authority.
C) apparent authority.
D) ostensible authority.
Correct Answer:
Verified
Q6: The express authority of each partner is
Q7: Which of the following is not one
Q8: A sole trader is:
A)entitled to business profits
Q9: Venardos and Aaberg agreed to enter into
Q10: 'Mutual liability' in relation to a partnership
Q12: 'Joint and several liability' of partners means
Q13: The silent partners in a tyre manufacturing
Q14: A partner:
A)is not personally liable for business
Q15: Partners do not have an implied authority
Q16: Each partner in a partnership is liable
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