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PARTNERSHIP ACT 1890 - SECT 14

Persons liable by ""holding out.''

14.(1) Every one who by word spoken or written or by conduct represents
himself, or who knowingly suffers himself to be represented, as a partner in a
particular firm, is liable as a partner to any one who has on the faith of any
such representation given credit to the firm, whether the representation has
or has not been made or communicated to the person so giving credit by or with
the knowledge of the apparent partner making the representation or suffering
it to be made.

(2) Provided that where after a partner's death the partnership business is
continued in the old firm's name, the continued use of that name or of the
deceased partner's name as part thereof shall not of itself make his executors
or administrators estate or effects liable for any partnership debts
contracted after his death.

© 1890 Crown Copyright

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