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b.law > RELATION OF PARTNERS TO THIRD PARTIES > Flashcards

RELATION OF PARTNERS TO THIRD PARTIES Flashcards

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1
Q

AUTHORITY/powers of a partner means?

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2
Q

types of authorities?

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3
Q

implied/assumed authority?

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4
Q

express authority of a partner?

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5
Q

partner’s authority in emergency?

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6
Q

restrictions on implied authority?

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7
Q

liability of partners and firm points names?

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8
Q

legal position if a partner exceeds its authority?

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9
Q

liability of a partner for acts of the firm?

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10
Q

liability of a firm for wrongful acts of a partner?

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11
Q

liability of firm for misapplication of money or property by partners?

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12
Q

effect of notice recieved by a partner?

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13
Q

principle of estoppel or holding out partner point names?

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14
Q

effect of admission/representation by a partner?

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15
Q

principle of holding out partner?

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16
Q

application of principle(when a non partner is liable for debts)?

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17
Q

exception when partner of his estate will not be held liable for debts of firm?

A
18
Q

transferee of a partners interest heading points?

A
19
Q

transferee of a partners interest?

A
20
Q

rights of transferee?

A
21
Q

restrictions/disabilities/limitations of transferee?

A
22
Q

minor in a partnership points names?

A
23
Q

admission of minor into partnership?

A
24
Q

legal status of a minor admitted to benefits of partnership point names?

A
25
Q

rights of minor admitted to partnership?

A
26
Q

liabilities of minor admitted to partnership?

A
27
Q

restrictions/disabilities of minor admitted to partnership?

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28
Q

legal status of minor on attaining age of majority?

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29
Q

rights and liabilities if he has elected to become a partner in the firm?

A
30
Q

rights and liabilities if he has elected not to become partner in the firm?

A

b.law (21 decks)

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