A(n)____ imposes partnership duties and liabilities upon a nonpartner who has either represented himself or consented to be represented as a partner.
A) accounting
B) delectus personae
C) fiduciary proceeding
D) partnership by estoppel

Question

Quizplus · Accepted Answer

Partnership by estoppel occurs when a non-partner is held liable as if they were a partner because they either represent themselves as a partner or fail to correct the impression that they are a partner. This imposes the same duties and liabilities on the non-partner as if they were a true partner.

A(n)____ Imposes Partnership Duties and Liabilities Upon a Nonpartner Who