QS 11-1 Partnership liability LO1 Bowen and Campbell are partners in operating a store. Without...
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QS 11-1 Partnership liability LO1 Bowen and Campbell are partners in operating a store. Without consulting Bowen, Campbell enters into a contract for the purchase of merchandise for the store. Bowen contends that he did not authorize the order and refuses to take delivery. The vendor sues the partners for the contract price of the merchandise. Will the partnership have to pay? Why? Does your answer differ if Bowen and Campbell are partners in a public accounting firm
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