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What does the term mutual agency mean

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Reference no: EM131534246

Question: 1. A partnership is terminated in the event

(a) a partnership agreement is not in writing,

(b) a partner dies,

(c) a partner exercises mutual agency.

2. What does the term unlimited liability mean when applied to a general partnership?

3. If a partnership contract does not state the period of time the partnership is to exist, when does the partnership end?

4. What does the term mutual agency mean when applied to a partnership?

Reference no: EM131534246

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