When a partner in a general partnership lacks actual or apparent authority to contract on behalf of

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When a partner in a general partnership lacks actual or apparent authority to contract on behalf of the partnership, and the party contracted with is aware of this fact, the partnership will be bound by the contract if the other partners:

Ratify the Contract Amend the Partnership Agreement

a. Yes Yes

b. Yes No

c. No Yes

d. No No AppendixLO1

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Anderson's Business Law And The Legal Environment

ISBN: 9780324638189

20th Edition

Authors: David P Twomey, Marianne M Jennings, Ivan Fox

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Question Posted: Jul 04, 2024 09:01 AM

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When a partner in a general partnership lacks actual or apparent authority to contract on behalf of

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Anderson's Business Law And The Legal Environment

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