A contract of two or more competent persons, to place their money, effects, labor and skill, or some or all of them, in lawful commerce or business, and to divide the profit and bear the loss in certain proportions. Commercial Arithmetic - Page 227by Oscar F. Williams - 1894 - 307 pagesFull view - About this book
| Iowa. Supreme Court - Law reports, digests, etc - 1899 - 886 pages
...In the latter case it is said : "A partnership is defined to be a contract of two or more competent persons to place their money, effects, labor, and skill, or some or all of them, in lawful commerce or business and to divide the profits and bear the loss in certain proportions. * *... | |
| Law - 1900 - 460 pages
...a firm and the individual members of a firm sustain to its creditors. "Partnership is a contract of two or more persons to place their money, effects, labor and skill or some or all of them in lawful commerce or business and to divide the profits and bear the loss in certain proportions." "The... | |
| Appellate courts - 1901 - 914 pages
...rule may be stated as follows: A copartnership is a voluntary contract between two or more competent persons to place their money, effects, labor, and skill, or some or all of them, in lawful commerce or business, with the understanding that there shall be a communion of the profits... | |
| Anthony Jennings Bledsoe - Commercial law - 1903 - 508 pages
...often called copartnership, is usually defined to be a voluntary contract between two or more competent persons to place their money, effects, labor, and skill, or some or all of them, in lawful commerce or business, with the understanding that there shall be a communion of the profits... | |
| Law - 1904 - 1004 pages
..."Universal Partnership." As contract, see "Contract" A partnership Is a contract of two or more competent persons to place their money, effects, labor, and skill, or some or all of them, ia lawful commerce or business, and to divide the profit and bear the loss In certain proportions.... | |
| John Henry Moore - Business mathematics - 1904 - 404 pages
...work and all join till it is completed, how much should each get ? PARTNERSHIP 917. Partnership is an association resulting from an agreement between two or more persons to place their capital or services, or both, in some enterprise or business, and to share the gains and bear the losses... | |
| Walter Adams Shumaker - Partnership - 1905 - 392 pages
...particular case, a partnership does or does not exist. "Partnership is a contract of two or more competent persons to place their money, effects, labor, and skill, or some or all of them, in lawful commerce or business, and to divide the profit and bear the loss in certain proportions." 3... | |
| Law reports, digests, etc - 1905 - 1016 pages
...often called copartnership, la usually defined to be a voluntary contract between two or more competent persons to place their money, effects, labor and skill, or some or all of them, in lawful commerce or business, with the understanding that there shall be a communion of the profite... | |
| Law reports, digests, etc - 1906 - 1076 pages
...DEFINITION. A partnership is a contract relation between two or more competent persons, who have combined their money, effects, labor, and skill, or some or all of them, in a lawful joint enterprise or business, for the purpose of joint profit. [Ed. Note. — For cases in... | |
| Robert Cowan Strong, Claude Baker Denson - Contracts - 1907 - 366 pages
...6 Another good definition of a partnership is, "Partnership is a contract of two or more competent persons to place their money, effects, labor and skill, or some or all of them, in lawful commerce or business, and to divide the profit, and bear the loss, in certain proportions."... | |
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