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AP
Question Practice

What does the term 'mutual agency' imply in a partnership?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 12
Accountancy
Accountancy Part - I
Accounting for Partnership: Ba...
Question Bank

What does the term 'mutual age...

Single Answer MCQ
Q-00081977

What does the term 'mutual agency' imply in a partnership?

1

Each partner is a principal only

2

Partners can act independently

3

Each partner acts for all

4

No limitations on actions

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