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 ...

A general partner of a mercantile partnership: A: Can by virtue of his acts, impose tort liability

Question:

A general partner of a mercantile Can by virtue of his acts, impose tort liability upon the other partners.
B: Has no implied authority if the agreement is contained in a formal and detailed signed writing.
C: Can have his apparent authority effectively negated by the express limitations in the agreement.
D: Cannot be sued individually for a tort he has committed in carrying on business until the has sued and a judgment returned unsatisfied.

Partnership
A legal form of business operation between two or more individuals who share management and profits. A Written agreement between two or more individuals who join as partners to form and carry on a for-profit business. Among other things, it states...