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Which of the Following Is a Provision of the Partnership

Question 52

Multiple Choice

Which of the following is a provision of the Partnership Act in matters relating to Sheps & Shaps Law Offices?


A) The managing partner is the authorized agent of the firm.
B) Each partner is an agent of the firm.
C) Each partnership must designate a managing partner.
D) The partners are the firm's fiduciary agents.

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