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Business LibreTexts

18.1: Introduction- Partnerships—General Characteristics and Formation

  • Page ID
    11296
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    • Anonymous by request

    Learning Objectives

    After reading this chapter, you should understand the following:

    • The importance of partnership and the present status of partnership law
    • The extent to which a partnership is an entity
    • The tests that determine whether a partnership exists
    • Partnership by estoppel
    • Partnership formation