What is the difference between nominal partner , partner by estoppel a

1.	What is the difference between nominal partner , partner by estoppel and partner by holding out on the following cases :a) status as partner b) liability and to what extent c) denial of being a partner d) safe from burden from liability.plz give ryt answer its urgent
Answer» Answer: denial of being a patnar Explanation: A PATNER who simply lends his name to the firm is CALLED a nomial partnar if a person is DECLARED by patner by patner of a firm and such person remaind SILENT without denying it, he also consider a patnerby holding out

What is the difference between nominal partner , partner by estoppel and partner by holding out on the following cases :a) status as partner b) liability and to what extent c) denial of being a partner d) safe from burden from liability.plz give ryt answer its urgent

Answer»

Answer:

denial of being a patnar

Explanation:

A PATNER who simply lends his name to the firm is CALLED a nomial partnar

if a person is DECLARED by patner by patner of a firm and such person remaind SILENT without denying it, he also consider a patnerby holding out