The ability of a partner to enter into a contract on behalf of all partners is called
A)the partnership agreement
B)voluntary association
C)mutual agency
D)unlimited liability

Question

Quizplus · Accepted Answer

Mutual agency is the ability of a partner to enter into contracts on behalf of all partners without seeking their individual consent. This is a fundamental aspect of partnership law and allows partners to conduct business efficiently. It also means that each partner is personally liable for the business debts incurred by the other partners.

The Ability of a Partner to Enter into a Contract