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The actions of one partner are binding on all of the other partners. This characteristic is called A. mutual agency. B. exclusive agency. C. unlimited life. D. limited liability.…

The actions of one partner are binding on all of the other partners. This characteristic is called A. mutual agency. B. exclusive agency. C. unlimited life. D. limited liability.…
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The actions of one partner are binding on all of the other partners. This characteristic is called

A. mutual agency.
B. exclusive agency.
C. unlimited life.
D. limited liability.

User Cartucho
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7.9k points

1 Answer

5 votes
This occurrence is called Mutual Agency. Here, every partner is an agent off all other partners.
User Valentin Michalak
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