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Hal and Miranda have a general partnership business for landscaping projects. Hal makes a contract with a customer for a project one day while Miranda is absent and leaves on vacation the next day. Miranda does not feel she has the time to perform the contract for the customer. Which of the following is true?

Only Hal is obligated to perform the contract.
Miranda may relinquish her obligation to perform the contract since Hal signed it without her knowledge.
Indeterminable without more information.
Miranda is obligated to perform the contract.

Respuesta :

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Answer:

Option D Miranda is obligated to perform the contract

Explanation:

Hal here has acted as an agent who has formed contract which is in the best interest of Miranda. So this means this contract gives some rights to partners and also imposes some duties (obligations) to fulfill on their part. So both of the partners are obliged to perform the contract. So the option D is correct here.