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

Francis M. Burdick

Softcover

ISBN 10: 1330538935 ISBN 13: 9781330538937

Publisher: Forgotten Books, 2018

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.

About this title

Product Description

Excerpt from The Law of Partnership: Including Limited Partnerships

The enactment of the Uniform Partnership Act in a number of States has made desirable a new edition of this book. While the statute is in the main a codification of existing law, as ex pounded ih the best considered cases, it does clear up many obscurities left by judicial decisions, and works reformation in matters of procedure.

About the Publisher

Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com

This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

About the Author

Burdick, Dwight Professor of Law Columbia University School of Law.

Edition details

• Publisher: Forgotten Books
• Publication date: 2018
• Language: English
• ISBN 10: 1330538935
• ISBN 13: 9781330538937
• Binding: Paperback
• Number of pages: 553