Multiple Choice
Don is a partner of the firm Shaw Associates,which offers recruitment services.Don entered into a contract with Bradman & Sons to sell the land on which the partnership business is situated for $85,000.Is this contract enforceable?
A) Yes,because Don has apparent authority to enter into contract with Bradman & Sons.
B) No,because Don has only express authority not actual authority.
C) Yes,because Don,being a partner,has implied authority to enter into contract.
D) No,because Don does not have the power to convey the partnership's real property.
Correct Answer:

Verified
Correct Answer:
Verified
Q63: A partner who has the authority to
Q64: A single partner's knowledge of material information
Q65: Under the Revised Uniform Partnership Act partners
Q66: Mark and Bonnie are partners.Mark contributed $30,000
Q67: A trading partnership:<br>A)borrows money to avoid cash
Q69: In all partnerships,profits are shared according to
Q70: Which of the following is true about
Q71: When a partner competes against his partnership
Q72: When partners disagree concerning an action to
Q73: How many partners must agree to modify