Business Studies, asked by sharmabhavna277, 2 months ago

who is partner by estoppel​

Answers

Answered by hanuhomecarepr72
0

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.

Answered by akanksha2614
1

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:

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