Multiple Choice
Which of the following is true about implied authority?
A) It is the sole determinant of a partner's actual authority.
B) It is determined with reference to what is usual business for partnerships of the same general type.
C) It exists because it reasonably appears to a third party that a partner has authority to do an act.
D) It may contradict a partner's express authority.
Correct Answer:

Verified
Correct Answer:
Verified
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