Question

Question 9 1 pts Each partner is an agent of the other and as such, has a fiduciary duty to act responsibly and in good faith on behalf of the partnership. O True O False Question 10 1 pts If a corporation formed in Oregon files the proper documentation and does business in California, it is called a foreign corporation. True O False

Answer 1

Question - 9 True - the business by any There must be a mutual agency betereen the Partners The agency relectionship means that A peartnership must be carried on by cul the partners partner acting for all other partners. the preach pasmer har a Tiduciary duty to act responsibly and in good Faith on behalf of the partnership, so the statement is true. Question - 10 True.- true, an The statement is Because Foreign Corporation is a term cesed in the United States to describe existing corporation on the type of corporate entity such as a limited trability company such like that conducts business in a state or juristiction other than where it was originally incorporated formed in oregon and it works on California. so it's atoon toreign corporation, Here the company it's true,