Multiple Choice
The apparent authority of a partner to bind the partnership in dealing with third parties:
A) would permit a partner to submit a claim against the partnership to arbitration.
B) must be derived from the express powers and purposes contained in the partnership agreement.
C) will be effectively limited by a formal resolution of the partners of which third parties are aware.
D) will be effectively limited by a formal resolution of the partners of which third parties are unaware.
Correct Answer:

Verified
Correct Answer:
Verified
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