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  3. Study Set
    Principles of Financial Accounting Study Set 1
  4. Exam
    Exam 12: Accounting for Partnerships
  5. Question
    When a Partner Exceeds His or Her Authority and the Act
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When a Partner Exceeds His or Her Authority and the Act

Question 72

Question 72

True/False

When a partner exceeds his or her authority and the act looks appropriate for the partnership, the act is NOT binding on the other partners and the partnership.

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