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What is Partners about?

The document discusses the relationship between partners and third parties in a partnership. There are four elements that must be met for an act of a partner to bind the firm: 1) The act must be of the type of business carried out by the firm; 2) It must be carried out in the usual way of the business; 3) The third party must believe the person is a partner; 4) The third party cannot know the person lacks authority from the other partners. Several cases are referenced that test these elements, such as deter

Author

LoveLyza

Language

EN