Partnership

A partnership is the relationship which exists between persons carrying on a business in common with a view to profit. It involves an agreement between two or more parties to enter into a legally binding relationship and is essentially contractual in nature. According to Tindal CJ in Green v Beesley (1835) 2 Bing N C 108 at 112, ‘I have always understood the definition of partnership to be a mutual participation ...’, yet the participants do not create a legal entity when they create a partnership.

Report Access / View File

Overall Rating

0

5 Star

(0)

4 Star

(0)

3 Star

(0)

2 Star

(0)

1 Star

(0)

APA

McCarthy Esq., S. (2018). Partnership. Afribary. Retrieved from https://afribary.com/works/partnership-34

MLA 8th

McCarthy Esq., Steve "Partnership" Afribary. Afribary, 29 Jan. 2018, https://afribary.com/works/partnership-34. Accessed 22 Nov. 2024.

MLA7

McCarthy Esq., Steve . "Partnership". Afribary, Afribary, 29 Jan. 2018. Web. 22 Nov. 2024. < https://afribary.com/works/partnership-34 >.

Chicago

McCarthy Esq., Steve . "Partnership" Afribary (2018). Accessed November 22, 2024. https://afribary.com/works/partnership-34

0

Document Details

Related Works