The Law of Partnership (Classic Reprint): Including Limited Partnerships: Including Limited Partnerships (Classic Reprint) - Softcover

Inhaltsangabe

A practical exploration of partnership law explains how partners bind the firm, how third parties rely on their actions, and where implied powers end.

It presents core rules in clear terms, with examples that show how authority works in real business settings. This edition clarifies the mechanics behind firm decisions, admissions and representations, and the limits on a partner’s ability to bind the partnership. It also covers when a firm may be held accountable for a partner’s acts, and how ownership, transfers, and dissolution affect rights and obligations.

• How a partner can bind the firm in everyday transactions and why some deeds require careful handling
• When statements by a partner can estop the firm from denying the truth to a third party
• The scope of a partner’s authority to act, including urgent or unusual matters
• How third-party claims, firm property, and partnership interests interact during dissolution

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