partnership name
Definitions from Case Law · United States Supreme Court
Definitions from Case Law
From 27 U.S. 186 - Le Roy Bayard Co v. George Johnson · 1829Most cited · 7 citing opinions
one partner binds firm
It is well settled, that if a bill of exchange be drawn by one partner in the name of the firm, or if a bill drawn on the firm by their usual name and style, be accepted by one of the partners, all the partners are bound. It results necessarily from the nature of the association, and the objects for which it is constituted, that each partner should possess the power to bind the whole, when acting in the name by which the partnership is known, although the consent of the other partners to the particular contract should not be obtained, or should even be withheld.
How often courts cite the case defining “partnership name”
Court decisions citing the opinion that defined “partnership name” — 7 in all, by decade. Counts are citations to the defining case as a whole, not verified uses of the term. The dip in the most recent years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the latest years.