The implied authorities of partners in a partnership are:

1. Buying and selling of goods by the partnership.
2. Receiving payment of debts owed to the partnership.
3. Issuing valid receipts in the name of the partnership.
4. Engaging and dismissing employees or servants of the firm.
5. Borrowing money on the firm’s credit.
6. Pledging the firm’s goods and assets as security for loans.
7. Instructing solicitors for recovery of debts owed to the firm​