Each Partner is an agent of other partner – Explain this statement. – InterviewSolution

1.	Each Partner is an agent of other partner – Explain this statement.
Answer» For a third party, a partnership firm and partners are one and the same. A partner can be looked upon as an agent or say representative of the firm for the business acts he does for the firm or say the partners. A partner can thus bind the partners and the firm through his activities and the firm becomes responsible for his acts with the third parties i.e. the outside world. -» Hence, it is said that a partner is an agent of other partners or the firm.

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