Mutual agency Implies that each partner in a partnership is a fully authorized agent of the partnership. Which of the following statements is correct regarding the authority of a partner to bind the partnership in dealings with third parties? Multiple Choice O The partner's authority must be derived from the partnership agreement. O The partner's authority may be effectively limited by a formal resolution of the other partners, even if third parties are not aware of that limitation. O Only a partner with a majority Interest in a partnership has the authority to represent the partnership to third parties. O A partner has authority to deal with third parties on the behalf of the other partners only if he has written permission to do so. O A partner may be able to legally bind the partnership to actions even if the other partners are unaware of his actions