A Digest of the Law of Partnership : With An Introductory Essay On Codification
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796.
3 Lindley, i. 295.
1 K.r parte Bonlvnus, 8 Ves. 5-10.
Liudley, i. 278, 284.
LIABILITY AND AUTHORITY. 37 withstanding any subsequent misapplication of them by that Chap. IV.
partner. 1 This power extends to non-trading partnerships. 2 r ' Payment to one partner is a good payment to the firm, 3 Payment to and by parity of reason a release by 'one partner binds the Qne partner.
firm, " because, as a debtor may lawfully pay his debt to one of them, he ought also to be able to obtain a discharg...e upon payment." 4 " One partner has implied authority to hire servants to Servants.
perform the business of the partnership," and probably also to discharge them if the other partners do not object. 5 Authority to bind the Firm not implied.
One partner cannot bind the others by deed without ex- Deeds, press authority (which must itself be under seal), 6 and where 7^-^V A ^£ r the partnership articles are under seal, the fact of their being ^yz^.yc , zy> so does not of itself confer any authority for this purpose.
What to read after A Digest of the Law of Partnership : With An Introductory Essay On Codification?
You can find similar books in the "Read Also" column, or choose other free books by Pollock, Frederick, Sir, 1845-1937 to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
796.
3 Lindley, i. 295.
1 K.r parte Bonlvnus, 8 Ves. 5-10.
Liudley, i. 278, 284.
LIABILITY AND AUTHORITY. 37 withstanding any subsequent misapplication of them by that Chap. IV.
partner. 1 This power extends to non-trading partnerships. 2 r ' Payment to one partner is a good payment to the firm, 3 Payment to and by parity of reason a release by 'one partner binds the Qne partner.
firm, " because, as a debtor may lawfully pay his debt to one of them, he ought also to be able to obtain a discharg...e upon payment." 4 " One partner has implied authority to hire servants to Servants.
perform the business of the partnership," and probably also to discharge them if the other partners do not object. 5 Authority to bind the Firm not implied.
One partner cannot bind the others by deed without ex- Deeds, press authority (which must itself be under seal), 6 and where 7^-^V A ^£ r the partnership articles are under seal, the fact of their being ^yz^.yc , zy> so does not of itself confer any authority for this purpose.
What to read after A Digest of the Law of Partnership : With An Introductory Essay On Codification?
You can find similar books in the "Read Also" column, or choose other free books by Pollock, Frederick, Sir, 1845-1937 to read onlineMoreLess
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