1. Assent

2. Benefit

3. Control

                                            Apparent Authority of Agency

1) principal “cloaked” agent with the appearance of authority and

2) TP reasonably relies on this agency.

          1.      Principal has knowledge of all material facts regarding K

2.      Principal accepts benefits

3.      VA: Ratification cannot alter the terms of the K

1. External and Internal creditors

2. Partner's Capital Contributions (must be paid from each partner)

3. Any Profits and Surpluses