Elements of estoppel, Business Law and Ethics

Elements of Estoppel

  1. Presentation crucially to be acted on reliance on the presentation and one is
  2. Change in the legal position as a product of the reliance and one is
  3. It would be inequitable to a 3rd party whether the agency is not presumed also.

Therefore another example of agency through estoppel is the liability of such a partner for the debts incurred through the firm after leaving the firm where the parties who be acquainted with him for be a partner dealt without being made with the firm aware that he had missing it.

Posted Date: 1/22/2013 5:04:06 AM | Location : United States

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