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10.078 Which of the following is a correct statement concerning a partner's power to bind the partnership? a. A partner has no authority to bind

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10.078 Which of the following is a correct statement concerning a partner's power to bind the partnership? a. A partner has no authority to bind the partnership after dissolution. b. A partner can not bind the partnership based upon apparent authority when the other party to the contrac knows that the partner lacks actual authority. c. A partner has no authority in carrying on the regular business of the partnership to convey real property held in the partnership name. d. A partner, acting outside the scope of the partner's apparent authority, but with express authority to act, can not bind the partnership unless the third party knows of the express authority 10.079 In determining the liability of a partnership for the acts of a partner purporting to act for the without the authorization of fellow partners, which of the following actions will bind the partnership? The renewal of an existing supply contract which the other partners had decided to terminate and which they had specifically voted against. b. An assignment of their partnership assets in trust for the benefit of creditors. c. A written admission of liability in a lawsuit brought against the partnership. d. Signing the partnership name as a surety on a note for the purchase of that partner's summer home. 0.080 A question has arisen in determining the partnership's liability for actions taken for and on behalf of a partnership, but which were in fact without express or implied authority. Which of the following actions taken by a general partner will bind the partnership? a. Renewing an existing supply contract which had previously been negotiated, but which the partners had specifically voted not to renew b. Submitting a claim against the partnership to binding arbitration. c. Taking an action which was known by the party with whom he dealt to be in contravention of a restrictio on his authority d. Signing the firm name as an accommodation comaker on a promissory note not in furtherance of frm 10081 Which of the following may a partner not do without the express unanimous assent of the remaining

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