Mutual agency means that any partner can legally bind the other partners and the partnership to business contracts within the scope of the business's regular operations.

Question

Quizplus · Accepted Answer

Mutual agency is a feature of partnership law that allows partners to legally bind the other partners and the partnership to contracts made within the scope of their regular business operations. This means that each partner has the authority to act on behalf of the partnership, and any actions taken by one partner are considered to be the actions of all partners.

Mutual Agency Means That Any Partner Can Legally Bind the Other