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Bizhelp
Bizhelp, CPA
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Experience:  BA degree and Certified Public Accountant
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In a partnership, mutual agency means: the act of any partner

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In a partnership, mutual agency means:

the act of any partner is binding on all other partners, only if partners act within their scope of authority.

an act by a partner is judged as binding on other partners depending on whether the act appears to be appropriate for the partnership.

that partners must pay taxes on a mutual or combined basis.

each partner acts on his own behalf when engaging in partnership business.

Is it B? An act by a partner is judges...for the partnership?
Hi,

Thanks for the question.

The answer is
an act by a partner is judged as binding on other partners depending on whether the act appears to be appropriate for the partnership.

Hope this helps!


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Customer: replied 5 years ago.

I have comprehensive problem if you do them, please let me know. I am posting it here. Thanks

Attachment: 2012-06-27_223405_accting_project_f2011.doc

Attachment: 2012-06-27_223433_acct_proj_wp_online_f2011.xls