Question: Which of the following does NOT represent a major difference between an agency relationship and a partnership? a. Agents do not usually have an ownership
Which of the following does NOT represent a major difference between an agency relationship and a partnership? a. Agents do not usually have an ownership interest in the business; partners do. b. Partners have a greater range of implied powers than agents have. c. An agent is liable for the acts of the principle, but partners are not liable for the act of the partnership.
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