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Question
The apparent authority of a partner to bind the partnership in dealing with third parties:
A. would permit a partner to submit a claim against the partnership to arbitration.
B. must be derived from the express powers and purposes contained in the partnership agreement.
C. will be effectively limited by a formal resolution of the partners of which third parties are aware.
D. will be effectively limited by a formal resolution of the partners of which third parties are unaware.
Answer
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Related questions
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