Answer:
a.unlimited liability
Explanation:
The partnership is an agreement in which the two or more partners come in an agreement with a motive to share the profit or losses in the profit or losses sharing ratio
It has various characteristics like
1. Unlimited liability
2. Profit and losses sharing
3. Mutual agency
4. Easy to form
5. Lawful in the eyes of law.
Due to having unlimited liability, the authority would be given accordingly.
