btsarmyrockers
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  • 01-06-2020
  • Business
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What is a partner by estoppel?

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chingchingbibip7mqa2
chingchingbibip7mqa2 chingchingbibip7mqa2
  • 01-06-2020
Legally binding partnership that may arise where, in fact, no formal partnership agreement is in effect. 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.
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