Implied authority of partner: routine acts in the course of firm business bind the firm, subject to specified exceptions. Implied authority of a partner enables acts done to carry on, in the usual way, the kind of business carried on by the firm to bind the firm; this agency power does not, absent contrary usage, permit submitting disputes to arbitration, opening bank accounts in the partner's own name, compromising or relinquishing firm claims, withdrawing firm suits, admitting liability in proceedings, acquiring or transferring immovable property for the firm, or entering into partnership on the firm's behalf.
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Provisions expressly mentioned in the judgment/order text.
Implied authority of partner: routine acts in the course of firm business bind the firm, subject to specified exceptions.
Implied authority of a partner enables acts done to carry on, in the usual way, the kind of business carried on by the firm to bind the firm; this agency power does not, absent contrary usage, permit submitting disputes to arbitration, opening bank accounts in the partner's own name, compromising or relinquishing firm claims, withdrawing firm suits, admitting liability in proceedings, acquiring or transferring immovable property for the firm, or entering into partnership on the firm's behalf.
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