question archive The principle whereby each partner is responsible for the business actions of all other partners when the actions are carried out in the normal course of business, is known as?
The principle whereby each partner is responsible for the business actions of all other partners when the actions are carried out in the normal course of business, is known as?
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The principle whereby each partner is responsible for the business actions of all other partners when the actions are carried out in the normal course of business, is known as?
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'Agent' is the correct answer here.
Step-by-step explanation
The principle whereby each partner is responsible for the business actions of all other partners when the actions are carried out in the normal course of business, is known as- an Agent
Each partner can be considered as an agent of the business.
