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Can a Partner Enter into a Written Agreement with a Supplier

Question 84

Multiple Choice

Can a partner enter into a written agreement with a supplier for goods without the other partners' signatures on the agreement?


A) Yes,implied authority permits partners to enter into agreements regardless of the subject matter.
B) Yes,so long as the amount of the agreement is not unreasonable.
C) Yes,implied authority permits partners to enter into agreements necessary to carry on partnership business.
D) Yes,actual authority permits partners to enter into agreements regardless of the subject matter.
E) No,all partners must be signatories to a written agreement.

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