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can any one explain the difference between Nominal partner and partners by estoppel?
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can any one explain the difference between Nominal partner and partner...
nominal partner is for namesake onlywhile partner by estoppel is actually not a partner has became partner by some situations
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can any one explain the difference between Nominal partner and partner...
If the partners in a firm request a celebrity to use the fame if the celebrity agrees to it with nominal rate of profit then he becomes ''NOMINAL PARTNER'',
If a person declared that he is a partner even though he is not if the partners of firm will silent then the person is known as ''PARTNER BY HOLDING OUT''
The liability of both Nominal partner and Partner by estoppel is unlimited even though are not real partners
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can any one explain the difference between Nominal partner and partners by estoppel?
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can any one explain the difference between Nominal partner and partners by estoppel? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about can any one explain the difference between Nominal partner and partners by estoppel? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for can any one explain the difference between Nominal partner and partners by estoppel?.
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