211. Goodwill generally; right to use name; sale to a partner.

The goodwill of the business carried on by a partnership forms part of the assets to be realised on dissolution1. If the goodwill is not sold, each partner may use the name of the firm, if by doing so he does not hold out the other partners as still being partners with him2. If a partner agrees to retire, and if on the construction of the agreement under which he retires, although his partners buy his share, they do not take any express assignment of the goodwill, they are not entitled to continue the use of his name as