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

Francis M. Burdick

 
9781330538937: The Law of Partnership (Classic Reprint): Including Limited Partnerships

Synopsis

The Law of Partnership explains how partners bind the firm—and how their actions can bind others. It covers when a partner’s statements or deeds are binding, what counts as authority, and the role of estoppel in protecting or limiting third-party reliance. The text also examines the uncertain boundary between sealed and unsealed instruments and how courts treat powers given to act for the firm.



Readers will find clear explanations of when a partner’s admissions are binding against the firm, the idea that a partner may sometimes bind the firm by actions within the scope of their partnership, and the limits of implied authority. It also discusses how the firm’s liability can arise from misstatements, transfers, or deeds, and how this area has evolved with changes in partnership and corporate practice.




  • How a partner can bind the firm through actions within the scope of the partnership

  • When the firm is estopped by a partner’s representations or admissions

  • The authority to execute deeds, including exceptions to the rule that one partner cannot bind the firm by a seal

  • How the course of trade, parol authority, and ratification affect firm liability



Ideal for students and professionals seeking a practical understanding of agency, authority, and liability in partnership relations.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

Autres éditions populaires du même titre