Question

1. Who is a partner by estoppel. no spam plz.

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Answer 1

Answer:

A partner by estoppel is a person who gives an impression to others that he/she is a partner of the firm through his/her own initiative, conduct or behaviour.

Explanation:

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Answer 2

A partner by estoppel can be defined as the partner who is not an actual partner of the firm.

Explanation:

1. A firm can have different types of partners such as a nominal partner, partner by holding out, partner by Estoppel, etc.
2. Now, a partner by stopple can be defined as a partner who is not an actual partner of the firm but only represents himself in such a manner that people consider him to be a partner.
3. For example, a celebrity can act in a certain manner to show that he is a partner of the firm and he’s not actually a partner.
4. However, a partner of estoppel can be held liable for his activities done in the course of business and the activities done by the firm.