Firm name - partnership law, Business Law and Ethics

Assignment Help:

Firm Name - Partnership Law

Lawfully the firm name is simply a convenient way about alluding to the existing partners.  However an authority to lend to a firm does not authorize a loan to such firm, whether the partners have changed.  But copyright can be register in a firm name; so then the firm name will be protected; so then partners can sue or be sued in the firm name whether they must appear in person moreover.

Therefore every firm having a name that does not disclose the true surnames of all partners, be obliged to be registered below the Registration of Business Names Act.  Further in the case of such firms so then the full names of all partners should be printed at each such catalogue, circular or show card so one is business letter sent out through the firm.  Also, whether any partner is not the US, his nationality must be shown.  Whether he has been naturalized then his original nationality must be shown.

So below the Registration of Business Names Act, thus the Registrar must be furnished according the following particulars: like;

  • The business name.
  • The all-purpose nature of the business.
  • The principal place of business.
  • The present surname and Christian name and any former surname or name of every partner like their usual residence.
  • The nationality of each partner.
  • Several other business occupations of the partners.
  • The date of the inauguration of business also.

Related Discussions:- Firm name - partnership law

What are the elements in the tort of negligence, What are the elements in t...

What are the elements in the tort of negligence? There should be two elements, in tort as: a. The breach of legal duty or injuria. b. Loss suffered through defendant damn

Resolutions - meetings and resolutions, Resolutions: A meeting reaches...

Resolutions: A meeting reaches a decision by passing a resolution.  There are two kinds of resolution, ie. (a) an ordinary resolution which is carried by a simple majority

Define the outer boundaries of policy choice, Define the outer boundaries o...

Define the outer boundaries of policy choice The agenda proper tends to be set by political forces and actors located outside of the researcher/analyst community. Elected polit

Applied laws - judicial elucidation of acts, APPLIED LAWS: However sec...

APPLIED LAWS: However section 2 of the Interpretation and General Provisions Act specified like an "applied law" as:; (a)   here an Act of the legislature of another countr

Explanatory statement - mergers and winding up, Explanatory statement - mer...

Explanatory statement - mergers and winding up: It is also necessary that the members or creditors who are to vote on the scheme should be able to understand its full effects.

Name the hallmark events in the evolution of nuclear law, Some of the hallm...

Some of the hallmark events in the evolution of nuclear law are: a.   1945 - The United States tested its first nuclear bomb. b.   1945 - Hiroshima and Nagasaki were attacke

Scheme of arrangement, Scheme of Arrangement: The following sequence o...

Scheme of Arrangement: The following sequence of action is necessary:  (a) application is made to the court (usually by the company itself) for an order that one or more me

Bailment – negotiable instrument, Bailment – Negotiable Instrument Wheth...

Bailment – Negotiable Instrument Whether Sir William Jones has specified the subsequent definition of bailment: like "A delivery of goods on trust on a contract, such express

Intent to defraud the italian creditor, Intent to defraud the Italian credi...

Intent to defraud the Italian creditor: The company owed money to trade creditors and also had outstanding against it a large claim for breach of contract which it disputed (t

Payment to promoters, Payment to Promoters:   A promoter has no legal ...

Payment to Promoters:   A promoter has no legal right against the company he promotes. The main reason is that the company did not ask him to promote it, and because the compa

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd