Multiple Choice
As per the doctrine of _____, if one partner signs a contract with a supplier in the name of the partnership, the other partners are also bound by the terms of the contract.
A) l imited partnership
B) general partnership
C) ostensible authority
D) s ole proprietorship
E) l imited liability
Correct Answer:
Verified
Correct Answer:
Verified
Q31: Only about 5 percent of all U.S.
Q32: Often small businesses such as restaurants, boutiques,
Q33: What are the disadvantages of a limited
Q34: If a nonprofit corporation meets the Internal
Q35: To help mitigate the risk of lawsuits,
Q37: What are the disadvantages of a nonprofit
Q38: Which of the following is NOT a key
Q39: Having a strategic plan in place for
Q40: What are the disadvantages of a sole
Q41: In a(n) _, the corporate stock is