Business Studies, asked by hasd0aR2iaPreesh, 1 year ago

meaning of Partner by holding out?

Answers

Answered by Darpana

partner is the one who share the responsibity of a work with you and who help in doing the work is the partner of you in that work

Answered by arshina

A person who by conduct or words represents, or allows him/herself to be represented, as a partner in a firm is liable for the credit or loans obtained by firm on the basis of such representation. Also called presumption of partnership. Partner by Holding out.

Previous Question

Next Question

Similar questions

Accountancy, 8 months ago

c) Present the following information in Accounting equation. 6 marks a. Commenced business with cash Rs 50000. b. Purchased goods for cash Rs 20000 and credit Rs 30000. c. Sold goods for cash at Rs 40000, costing Rs 30000. d. Purchased a refrigerator for personal use Rs 7500. e. Rent outstanding Rs 3550/- f. Interest on capital Rs 600/-...

Math, 8 months ago

Divide greatest number formed by 2, 9,6 using only once by 1. (a) 692 (b) 269 (c) 962 (d) 926 It is very urgent plzz give to ans fast!

Math, 8 months ago

In the triangle PQR joining figure AB is parallel to QR, PQ = 8 cm , PA = 2 cm , PR = 9 cm and AB = 3cm i.) PB and QR 11.) area of PAB: area of trapezium ABRQ ...

Science, 1 year ago

how is the pitch varied in tabla , violin and flute?

Science, 1 year ago

EXPLAIN THE PARASITIC MODE OF NUTRITION WITH 2 EXAMPLES.

Science, 1 year ago

Where does glycolysis take place ...

English, 1 year ago

What is meaning of the word morose...

Geography, 1 year ago

which india's city is located in a temperate zone...