A partnership is an association of two or more persons to carry on as co-owners a business for profit. Laws - Side 630av Illinois - 1917Uten tilgangsbegrensning - Om denne boken
| Peter J. Buttaro, Emily L. H. Buttaro - 1999 - 342 sider
...be paid a bonus but generally has little opportunity to share in management or profits. Partnerships A partnership is an association of two or more persons to carry on as co-owners of a business for profit. The partnership is based upon a legal agreement, written or oral, of a voluntary... | |
| Belay Seyoum - 2000 - 512 sider
...certain skills. The business may also terminate upon the death or disability of the owner. Partnerships A partnership is an association of two or more persons to carry on as co-owners of a business for profit. "Persons" is broadly interpreted to include corporations, partnerships, or... | |
| John Leslie Livingstone, Theodore Grossman - 2001 - 672 sider
...Act, which has been adopted in one form or another by 49 states. That Act defines a partnership as "an association of two or more persons to carry on as co-owners a business for profit." Notice that the definition does not require that the individuals agree to be partners. Although most... | |
| Harry L. Haney - 2001 - 176 sider
...operation of a business. Also see "Business," "Capital gain," "Income," and "Profit." Partnership — An association of two or more persons to carry on, as co-owners, a business for profit. Also see "Business," "Corporation," "Limited liability company," "Limited partnership," "Profit," "Sole... | |
| Donald A. Wiesner, Nicholas A. Glaskowsky, Jr. - 2001 - 226 sider
...partnerships in the United States than any other form of business association. The legal definition of a "partnership" is "an association of two or more persons to carry on as coowners of a business for profit." EXAMPLE Nettleton is quite careless with terms. He is a hale fellow well... | |
| Elizabeth Shown Mills - 2001 - 682 sider
...make it difficult to obtain financing or long-term loans. Partnerships As defined by American law, a partnership is "an association of two or more persons to carry on as co-owners of a business for profit."8 Such individuals are also termed general partners. Partnerships usually... | |
| Sydney R. Wrightington - 2002 - 515 sider
...UNIFORM PARTNERSHIP ACT [§36 nite rules instead of conflicting opinions. The Code defines partnership as "an association of two or more persons to carry on as co-owners a business for profit." 2 It makes no distinction between small partnerships and large associations. On some points already discussed... | |
| David Falkayn, Swissinvesting Com - 2002 - 117 sider
...defined by the Uniform Partnership Act, a variation of which is applicable in most states of the US, is "an association of two or more persons to carry on as co-owners a business for profit." A partnership requires an agreement between two or more competent persons to place their cash, assets,... | |
| Alan S. Gutterman - 2002 - 196 sider
...long been recognized in the common and civil laws of many jurisdictions. The most basic definition of a partnership is an association of two or more persons to carry on as co-owners of a business for profit. Distinctions can be drawn between general partnerships, with unlimited liability... | |
| Erik M. Vermeulen - 2003 - 390 sider
...contract for the smallest and most informal kind of 72 See RUPA (1997) §101(6): '"Partnership" means an association of two or more persons to carry on as co-owners a business for profit formed under Section 202, predecessor law, or comparable law of another jurisdiction.' 73 See RUPA... | |
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