Acts in the firm name bind the partnership when they plainly express or imply intent to obligate the firm. An act or instrument by a partner binds the partnership only when done in the firm's name or in some other manner that plainly expresses or implies an ... Summary
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Acts in the firm name bind the partnership when they plainly express or imply intent to obligate the firm.
An act or instrument by a partner binds the partnership only when done in the firm's name or in some other manner that plainly expresses or implies an intention to bind the firm; the operative criterion is the external manifestation of authority to affect relations with third parties.
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