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Section 26 of the Partnership Act 1895 (WA) provides that the acts of every partner shall bind their partners where: A. The third-partydid not believethat

Section 26 of thePartnership Act 1895(WA) provides that the acts of every partner shall bind their partners where:

A.

The third-partydid not believethat the partner making the contract had authority to do so.

B.

The act is within actual authority but notin theusual wayof the business.

C.

The third-partyknewthat the partner had no such authority to act.

D.

The act is within actual authority and within the scope of thekindof business usually carried out by the firm.

dvantages of the sole trader business structure include:

I.Total ownership and management control

II.Difficult to sell or transfer interest

III.Simple to establish

IV.Receive all the profits

V.Difficult to raise capital

A.

I, IV and V

B.

II, III, IV and V

C.

I, II, III and IV

D.

I, III and IV

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