A person whose behaviour arouses misunderstanding that he is a partner in the firm but actually he is not, is called —

CS CSEET · Business Environment and Entrepreneurship & Business Management, Ethics and Communication · PYQS · June 2013
A person whose behaviour arouses misunderstanding that he is a partner in the firm but actually he is not, is called —
(A) Nominal partner
(B) Dormant partner
(C) Ostensible partner
(D) Partner by estoppel.

Answer & Explanation:

Correct Answer: Option (D)

Correct answer: (D) Partner by estoppel..

Topics: Business Laws

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