Question

Explain the mutual agency relationship among partners.
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Answer 1

A mutual agency relationship is just like a marriage, it binds each partner to one another, for better or worse. ... Mutual agency is the right of all partners to represent the company's normal business operations and the authority to bind it to mutual contracts and agreements.

Answer 2

Explanation:

A mutual agency is a legally binding relationship entered into by business partners, which gives each partner authority on behalf of the business