Number 16: Which of the following is true about implied authority? **Question 16**Which of the following is true about implied authority?- ○ It is determined with reference to what is usual business for partnerships of the same general type.- ○ It is the sole determinant of a partner’s actual authority.- ○ It exists because it reasonably appears to a third party that a partner has authority to do an act.- ○ It may contradict a partner’s express authority.

The authority that a person acquires to carry out the responsibilities shouldered to him, within the…

Answered: Which of the It is determined with…

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Which of the It is determined with reference to what is usual busine It is the sole determinant of a partner's actual authority. It exists because it reasonably appears to a third party that a partner has authority to d It may contradict a partner's express authority.