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Which of the It is determined with reference to what is usual busine It is the sole determinant of a partner's actual authority. It exists because it reasonably appears to a third party that a partner has authority to d It may contradict a partner's express authority.

Which of the It is determined with reference to what is usual busine It is the sole determinant of a partner's actual authority. It exists because it reasonably appears to a third party that a partner has authority to d It may contradict a partner's express authority.

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Number 16:

 

Which of the following is true about implied authority? 

 

Gary and Fel there is an agreement O $200,000 $150,000 O $250,000 O. $100,000 Question 16 Which of the following is true about implied authority? It is determined with reference to what is usual business for partnerships of the same general t It is the sole determinant of a partner's actual authority. O It exists because it reasonably appears to a third party that a partner has authority to do a It may contradict a partner's express authority.
Transcribed Image Text:Gary and Fel there is an agreement O $200,000 $150,000 O $250,000 O. $100,000 Question 16 Which of the following is true about implied authority? It is determined with reference to what is usual business for partnerships of the same general t It is the sole determinant of a partner's actual authority. O It exists because it reasonably appears to a third party that a partner has authority to do a It may contradict a partner's express authority.
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