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A Third Person Should Recognize That a Partner Has Limited

Question 30

Multiple Choice

A third person should recognize that a partner has limited or no authority if:


A) the partner seeks to act for the partnership concerning a matter not within the usual business of the firm.
B) the third person knows that the partnership has been terminated.
C) the partner seeks to pay a personal obligation by issuing a promissory note in the name of the firm.
D) all of the above.

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