Explain a general partner of a mercantile partnership

Assignment Help Business Management
Reference no: EM1369536

A general partner of a mercantile partnership:

A: Can by virtue of his acts, impose tort liability upon the other partners.

B: Has no implied authority if the partnership agreement is contained in a formal and detailed signed writing.

C: Can have his apparent authority effectively negated by the express limitations in the partnership agreement.

D: Cannot be sued individually for a tort he has committed in carrying on partnership business until the partnership has sued and a judgment returned unsatisfied.

Reference no: EM1369536

Questions Cloud

Store normal for each face in array using technique : Use technique of the Astle text to store normal for each face in faceData array enable lighting and add point light source if the light is positioned at the origin
Self-actualization : what is happening is they have come to a deep understanding of themselves and what motivates them and they rise above it and what are your thoughts
Which union faces more elastic demand curve : Union B faces a demand curve in which a wage of $6 per hour leads to demand for 30,000 person hours, whereas a wage of $5 per hour leads to demand for 33,000 person hours. Which union faces more elastic demand curve.
Compute profit maximizing level of output : A representative company with long-run total cost given by TC =20+20q+5q2 operates in a competitive industry where short-run market demand and supply curves are given by QD = 1,602 - 40P and QS = - 400 + 20P.
Explain a general partner of a mercantile partnership : Explain A general partner of a mercantile partnership Can by virtue of his acts, impose tort liability upon the other partners
Nutritional needs at a selected stage of life : Prepare a PowerPoint presentation on nutritional needs at a selected stage of life and the presentation should be 10-15 slides
How many burritos should be eaten : MB is change in total benefit when adding one more unit and MC is change in total cost when adding one more unit. How many burritos should I eat.
Sketch flowchart to print average for student : Sketch a flowchart to print average for each student in class.Input. Input consists of student records each containing student's name(STUDENT-NAME), score for first test(TEST), score for second test(TEST2), and score for third test(TEST3).
Which of lines on above diagram represents these data : an additional $15 of investment projects in each successive rate of return range down to and including 0-5 percent range. Which of lines on above diagram represents these data.

Reviews

Write a Review

Business Management Questions & Answers

  Business ethics-kantian theory

We live in a society where individuals are interdependent. Hence, as needed by Kantian theory, is it possible to get what you want without using other people?

  Explain what factors operate in the vdot''s general

Explain What factors operate in the VDOT's general and specific/internal environment and what impact did this have on the VDOT's effectiveness

  Define and explain the roles of the primary and secondary

Define and explain the roles of the primary and secondary facilitator and Why is it important to switch hats when in one of these roles?

  Explain to what extent companies should be able to use

Explain to what extent companies should be able to use employee data and dictate participation in wellness programs to control health insurance premiums.

  Quality in health care related to ethics

How does quality in health care relate to ethics? In healthcare facility, is it possible to have "quality" without "ethics?"

  Explain what are some of the negatives associated

Explain what are some of the negatives associated with social motives in an organization and give an example with which you are familiar.

  Characteristics applied by global leaders

Create a forum post and discuss one of the characteristics in terms of how you believe the characteristic is important and should be applied by global leaders.

  Determining the product life cycle

Provide rationale for your answer. Based on your knowledge of the product life cycle, what types of changes will occur to this product as it continues through the product life cycle? How will this affect marketing of the product?

  Immigration policies and reform

Do you agree with this assessment and what considerations do policy makers need to keep in mind when developing an immigration policy?

  Independent contractors or contingent employees

Show the advantages and disadvantages of independent contractors and contingent employees and describe the impact on operations, particularly production and efficiency.

  Domestic assignment to overseas assignment

Propose two ways that HR can prepare its employees for the changes involved with moving from a domestic assignment to an overseas assignment. Respond and evaluate another learner's comment. Ground students will do this through discussion.

  Correct the harm from self-centered role behaviors

What might a manager or group leader do to eliminate or correct the harm from self-centered role behaviors?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd