Which action is authorized for a general partner under the partnership agreement?

Prepare for your Partnership and Corporation Exam with engaging flashcards and multiple-choice questions. Each question comes with hints and detailed explanations. Boost your confidence and ace the exam!

In a partnership, general partners typically have broad authority to act on behalf of the partnership, and their actions can significantly influence the operations and decisions of the partnership. The correct action that a general partner is generally authorized to perform under the partnership agreement is to confess a judgment against the partnership.

Confessing a judgment means acknowledging the validity of a claim against the partnership, which can often expedite legal proceedings or settle debts. This action, although serious, can sometimes be necessary for managing the partnership's liabilities, thus acting within the bounds of authority granted to general partners as long as it aligns with the interests of the partnership.

In contrast, actions like acting in contravention of the certificate or admitting a new general partner typically require further approval or are limited by specific provisions in the partnership agreement or by applicable law. Additionally, doing anything that makes it impossible to carry on the business directly undermines the partnership’s operations and contradicts the general partner’s duty to the partnership. Therefore, the ability to confess a judgment, while serious, falls within the authorized powers of a general partner when conducted appropriately.

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