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Question 1 2.5 pts Which of the following IS NOT true about the mutual agency relationship between partners in a partnership? O Each partner is
Question 1 2.5 pts Which of the following IS NOT true about the mutual agency relationship between partners in a partnership? O Each partner is an agent for the other partners and the partnership itself when transacting partnership business. O Each partner's acts and decisions are binding for the other partners. O If a partner who has no authority to act for the partnership strikes a business deal with an outsider party, the deal will be always binding for the partnership, even if the outsider party was aware that the partner was not authorized to represent the partnership. O All of these are statements are true. Question 2 2.5 pts When the subsidiary sells a depreciable asset to the parent
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