If the behavior of a person shows that he is a partner in a firm (when actually he is not), such a person is known as —

CS CSEET · Business Environment and Entrepreneurship & Business Management, Ethics and Communication · PYQS · December 2013
If the behavior of a person shows that he is a partner in a firm (when actually he is not), such a person is known as —
(A) Nominal partner
(B) Sleeping partner
(C) Sub-partner
(D) Partner by estoppel.

Answer & Explanation:

Correct Answer: Option (D)

Correct answer: (D) Partner by estoppel..

Topics: Business Laws

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