Partnership by Estoppel Is a Way That a Person May

question 45

Multiple Choice

Partnership by estoppel is a way that a person may be held liable as a partner

• A) because they have done business with the partnership
• B) without actually being named as a partner in a partnership agreement.
• C) by common law agency principals
• D) under federal law
• E) due to the appearance of a partnership created in an online deal

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Definitions:

Patient Protection and Affordable Care Act (PPACA)

A United States federal statute aimed at decreasing the number of uninsured Americans and reducing the overall costs of healthcare.

Health Insurance Coverage

A type of insurance that covers the whole or part of the risk of an individual incurring medical expenses.

Preexisting Conditions

Health issues or conditions that existed before an individual's health benefits or insurance coverage was initiated.

Deny Coverage

Refers to an insurance company's decision not to approve a claim, based on the terms of an insurance policy.