Which of the following is a way that a person may be held liable as a partner without actually being named as a partner in a partnership agreement?

Question

Quizplus · Accepted Answer

Most states recognize two situations in which a partnership by estoppel exists: (1) when a third party is aware of and consents to a misrepresentation of partnership, and (2) when a nonpartner has represented himself or herself as a partner and a third party reasonably relies on this information to his or her detriment.

Which of the Following Is a Way That a Person