Mutual agency implies that each partner in a partnership is a fully authorized agent of the partnership. Which of the following statement is corrpct regarding the authority of a partner to bind the partnership in dealings with third partie?

Only a partner with a majority interest in a partnership has the authority to represent the partnership to third parties.

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$.$

The partner's authority must be derived from the partnership agreement.

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$.$

A partner may be able to legally bind the partnership to actions even if the other partners are unaware of his actions.