Relations of Partners to persons dealing with them Relations of Partners to persons dealing with them

1. 5Power of partner to bind the firm.
2. 6Partners bound by acts on behalf of firm.
3. 7Partner using credit of firm for private purposes.
4. 8Effect of notice that firm will not be bound by acts of partner.
5. 9Liability of partners.
6. 10Liability of the firm for wrongs.
7. 11Misapplication of money or property received for or in custody of the firm.
8. 12Liability for wrongs joint and several.
9. 13Improper employment of trust-property for partnership purposes.
10. 14Persons liable by “holding out”.
11. 15Admissions and representations of partners.
12. 16Notice to acting partner to be notice to the firm.
13. 17Liabilities of incoming and outgoing partners.
14. 18Revocation of continuing guaranty by change in firm.