Power of partner as agent of partnership.

In the absence of an agreement to the contrary, all partners have equal rights in the
management and conduct of the partnership business. (Art. 1803.)
(1) As among themselves. When a partner performs an act within the scope of his actual,
implied, or apparent authority, he is not only a principal as to himself, but is also for all
purposes, an agent as to his co-partners or to the partnership, considered as a group. Thus,
his act concerning partnership business and every contract signed in the partnership name
bind the firm. The general rules of law applicable to agents likewise apply to partners. Each
partner is a fiduciary of the other partners.
As a matter of fact, the law of partnership is a branch of the law of agency. Accordingly,
the liability of one partner for the acts of his co-partners is founded on the principle of mutual
agency.3 (40 Am. Jur. 224.)