who is partner by estoppel
Answers
Explanation:
Partner By Estoppel refers to a person who by rule or words permit himself or herself to be represented , as a partner in the enterprise , and is responsible for the credits and loan acquired by the enterprise for a such representation. It is also called Presumption of partnership.
more information ℹ️:
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.
Answer:
Partner By Estoppel refers to a person who by rule or words permit himself or herself to be represented , as a partner in the enterprise , and is responsible for the credits and loan acquired by the enterprise for a such representation. It is also called Presumption of partnership
Explanation: