Assignment title: Management


As articulated by Ashhurst J 'wherever one of two innocent persons must suffer by the acts of a third, he who has enabled such third person to occasion the loss must sustain it'. Explain this judicial assertion and section 14 of the Partnership Act 1892 (NSW) with justifications by reference to the specific requirements of a partnership by estoppel/holding out (textbook 4.7). You can conclude for or against this law, however,