Multiple Choice
Fact Pattern 37-2A (Questions A9-A10 apply)
Luann and Mace are partners in Networx,a computer peripherals firm.
-Refer to Fact Pattern 37-2A.Luann signs a contract with Oleo Chips,a retail component supplier,apparently on Networx's behalf.The contract is binding on
A) Luann,Mace,and Networx.
B) Luann only.
C) Networx only.
D) Oleo only.
Correct Answer:

Verified
Correct Answer:
Verified
Q32: Noah and Orin do business as Pest
Q33: Fact Pattern 37-2A (Questions A9-A10 apply)<br>Luann and
Q34: The Uniform Partnership Act governs the operation
Q35: A partner always has the power and
Q36: A limited liability partnership allows its partners
Q37: Hud and Iggy form Jerry-Bilt Construction to
Q38: Under no circumstances can a non-partner be
Q40: On a partner's dissociation,his or her duty
Q41: Rona and Savannah do business as Treasure
Q42: An assignment of the interest of a