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Ostensible Partner

Dictionary of Terms and Phrases Used in American or English Jurisprudence · Benjamin Vaughan Abbott · 1879

Dictionary of Terms and Phrases Used in American or English Jurisprudence

One who lets his credit be pledged as a partner, — as in the case where a man's name appears in a firm, or where he interferes in the management of the business, so as to produce in strangers a reasonable belief that he is a partner. The person so acting is answerable as a partner to all who deal with the firm, without having notice at the time that he is a stranger to it in point of interest.

2 Steph. Com. 101-104; Mozley ^ W.