Business Studies · Forms of Business Organisations
A person who is not actually a partner in a firm, but knowingly allows himself/herself to be represented as a partner in that firm, is called a:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Active partner
- 2Partner by holding out✓
- 3Partner by estoppel
- 4Nominal partner
Correct answer
Partner by holding out
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