What is secret partner?

What is secret partner?

Secret Partner – definition A secret partner is one whose association with the firm is unknown to the general public. He contributes to the capital of the firm, takes part in the management, shares its profits and losses, and has unlimited liability towards the creditors.

What is the root word of contradiction?

late 14c., “objection, opposition; hostility, mutual opposition,” also “absolute inconsistency,” from Old French contradiction or directly from Late Latin contradictionem (nominative contradictio) “a reply, objection, counterargument,” noun of action from past-participle stem of contradicere, in classical Latin contra …

What are the types of partners?

General Types of Partner

  • Active/Managing Partner.
  • Sleeping Partner.
  • Nominal Partner.
  • Partner by Estoppel.
  • Partner in Profits only.
  • Secret Partner.
  • Outgoing partner.
  • Limited partner.

What type of word is contradict?

verb (used with object) to assert the contrary or opposite of; deny directly and categorically. to speak contrary to the assertions of: to contradict oneself.

What is estoppel in simple terms?

Estoppel is a legal principle that prevents someone from arguing something or asserting a right that contradicts what they previously said or agreed to by law. It is meant to prevent people from being unjustly wronged by the inconsistencies of another person’s words or actions.

What is the synonym of egregious?

ɪˈgriːdʒəs) Conspicuously and outrageously bad or reprehensible. Synonyms. conspicuous gross flagrant rank glaring crying. Antonyms. inconspicuous discreet inconspicuousness concealed mitigated.

What is it called when two things contradict?

An oxymoron is a figure of speech containing words that seem to contradict each other. It’s often referred to as a contradiction in terms. As with other rhetorical devices, oxymorons are used for a variety of purposes.

Is ostensibly a negative word?

Ostensible has a natural adverb, ostensibly, and noun, ostensibility. In Play: This fine word is subtly ambivalent: it can be used with or without a negative connotation. Word History: This Good Word was borrowed via French from Medieval Latin ostensibilis, an adjective from ostensus.

What is estoppel partner?

A legal, binding partnership that may occur where previously, no formal partnership agreement was in place. A person who exhibits such conduct, or says words which represent, or allow him to be represented, as a partner in any firm becomes liable to any loans or credits that are obtained by the firm.

What means nefarious?

: flagrantly wicked or impious : evil.

What is an ostensible partnership?

a person who allows his credit to be pledged as a partner (e.g. where his name appears in the list of partners on the firm’s notepaper, or where he interferes in the management of the business so as to produce in third parties a reasonable belief that he is a partner).

How do you use ostensible in a sentence?

Ostensible in a Sentence 🔉

  1. Your ostensible prank has done a lot of damage, and now you must face the consequences of your actions.
  2. While Jerry is the ostensible author of this amendment, there is some question of who actually deserves credit for the idea.

How do you use nefarious in a sentence?

Nefarious in a Sentence 🔉

  1. How nefarious of you to fling dog crap on my car!
  2. Having a long rap sheet, the man lead a life of nefarious behavior.
  3. One man employed his nefarious scheme to hack into people’s computers and steal bank account information.

How do you use ostensibly?

Ostensibly in a Sentence 🔉

  1. Although Clyde had plans to spend the day with his mistress, ostensibly he appeared to be getting ready for work by packing his brief case.
  2. Ostensibly, the celebrity seemed to be hiding from photographers by wearing a disguise.

What does the word egregious mean?

1 : conspicuous especially : conspicuously bad : flagrant egregious errors egregious padding of the evidence — Christopher Hitchens. 2 archaic : distinguished.

What is a sentence for contradict?

Contradict sentence example. No one dared to contradict him, so he brought in anyone he knew. You should not contradict what a previous referee has said. But if these other news outlets contradict the official account, then all the better.

What is an egregious person?

ĭ-grē’jəs, -jē-əs. Filters. The definition of egregious is extraordinary, but in a negative way. An example of egregious is a person who is a fantastic liar.

What does ostensibly mean?

1 : in an ostensible manner. 2 : to all outward appearances. Synonyms Example Sentences Learn More about ostensibly.

What is another word for contradict?

Some common synonyms of contradict are contravene, deny, and gainsay. While all these words mean “to refuse to accept as true or valid,” contradict implies an open or flat denial.

What is ostensible date?

Notwithstanding of any remittance of instalments in advance, the Recurring Deposit account will mature and become due on the ostensible due date i.e, 30 days after the last installment was remitted or on the expiry of the contracted period of deposit which ever is later.