When a partner executes an agreement outside the limitations of that partner's agreed scope of power, the other partners are always able to set aside the contract.

Question

Quizplus · Accepted Answer

The ability of other partners to set aside a contract depends on the jurisdiction's laws governing partnerships, the specific terms of the partnership agreement, and whether the third party was aware of the partner's limitations. In many cases, if the act was within the ordinary course of business, the partnership may still be bound by the contract.

When a Partner Executes an Agreement Outside the Limitations of That