The liability by holding out is an application of principle of
Liability by holding out under Section 28 of the Partnership Act is an application of the principle of "Estoppels", precluding a person who has represented himself as a…
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The liability by holding out is an application of principle of
Answer and explanation
Correct answer D
Liability by holding out under Section 28 of the Partnership Act is an application of the principle of "Estoppels", precluding a person who has represented himself as a partner from denying liability to those who relied on that representation.
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