Holding out liability: representing oneself as an LLP partner exposes that person to creditor claims and LLP may be liable. Section 29 treats holding out by making any person who represents or permits representation as an LLP partner liable to any person who, on that representation, gives credit to the LLP; the liability arises whether or not the representor knew the representation reached the creditor. If credit is received by the LLP due to such representation, the LLP is also liable to the extent of the credit received or financial benefit derived. Continuation of the LLP name after a partner's death does not alone make the deceased partner's estate liable for subsequent LLP acts.