 | Deards - 2013 - 153 sider
...must indemnify every partner in respect of payments made and personal liabilities incurred by him(a) in the ordinary and proper conduct of the business of the firm; or, (b) in or about anything necessarily done for the preservation of the business or property of the firm.... | |
 | Adam Starchild - 2000 - 439 sider
...rules (a) all the partners are entitled to share equally in the capital and profits of the business and must contribute equally towards the losses whether of capital or otherwise sustained by the firm; (b) the firm must indemnify every partner in respect of payments made and personal liabilities incurred... | |
 | Louise Fleming - 2001 - 214 sider
...towards losses. • The firm must indemnify every partner in respect of payments and liabilities incurred in the ordinary and proper conduct of the business of the firm. • Every partner may take part in the management of the firm. • No partner is automatically entitled... | |
 | Paul Gee - 2004 - 724 sider
...rules: (1) All the partners are entitled to share equally in the capital and profits of the business, and must contribute equally towards the losses, whether...payments made and personal liabilities incurred by him: (i) in the ordinary and proper conduct of the business of the firm; or (ii) in or about anything necessarily... | |
 | 2007 - 52 sider
...in the capital and profits of the business, according to the agreed terms. They must also contribute towards the losses, whether of capital or otherwise, sustained by the firm. In the absence of a contrary agreement, the profits and losses are shared equally. Example If there... | |
 | Institute of Bankers (Great Britain) - 1890 - 880 sider
...rules : (1.) All the partners are entitled to share equally in the capital and profits of the business, and must contribute equally towards the losses whether...him — (a) In the ordinary and proper conduct of tbe business of the firm : or, (b) In or about anything necessarily done for the preservation of the... | |
 | Northwest Territories - 1904 - 736 sider
...rules: 1. All the partners are entitled to share equally in the capital and profits of the business, and must contribute equally towards the losses, whether...payments made and personal liabilities incurred by him — (<i) In the ordinary and proper conduct of the business of the firm ; or, (6) In or about anything... | |
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All the partners are entitled to share equally in the capital and profits of the business, and must contribute equally towards the losses, whether of capital or otherwise, sustained by the firm. 
