You visited us 0 times! Enjoying our articles? Unlock Full Access!
Question
If the behavior of a person shows that he is a partner in a firm (when actually he is not), such a person is known as _________.
A
Sleeping partner
B
Sub-partner
C
Partner by estoppel
D
Nominal partner
Open in App
Solution
Verified by Toppr
Correct option is D. Partner by estoppel
Was this answer helpful?
0
Similar Questions
Q1
If the behaviour of a person shows that he is a partner in a firm (when actually he is not ), such a person is know as __________.
View Solution
Q2
If the behaviour of a person arouses misunderstanding that he is a partner in a firm(when actually he is not), such a person is estopped from later on denying the liabilities for the acts of the firm. Such person is called ________ and is liable to all third parties.
View Solution
Q3
A person whose behaviour arouses misunderstanding that he is a partner in the firm but actually he is not, is called _________.
View Solution
Q4
The person who accepts that he is a partner in a partnership firm by his own words or conduct is known as.
View Solution
Q5
A person is liable as a partner of a firm on the principle of holding out where he....