Each partner is empowered to act as an agent for the partnership creating binding agreements no matter what the agreement concerns.

Name: Each partner is empowered to act as an agent for the partnership creating binding agreements no matter what the agreement concerns.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Partners in a partnership have the authority to bind the partnership only in the ordinary course of its business. Actions outside of this scope require the consent of all partners.

Each Partner Is Empowered to Act as an Agent for the Partnership