Business Studies, asked by anshujaiswal0495, 3 months ago

explain partner by estopple​

Answers

Answered by OfficialPk
32

A legal, binding partnership that may occur where previously, no formal partnership agreement was in place. A person who exhibits such conduct, or says words which represent, or allow him to be represented, as a partner in any firm becomes liable to any loans or credits that are obtained by the firm. It is also known as the presumption of partnership

Answered by Anonymous
6

Answer:

Partner by estopple means that a person who is not texhenically a partner can be held liable as a general partner would be for any debts or damages owned to a third party.

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