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Business LibreTexts

18: Partnerships - General Characteristics and Formation

  • Page ID
    17004
  • Learning Objectives

    After reading this chapter, you should understand the following:

    1. The importance of partnership and the present status of partnership law
    2. The extent to which a partnership is an entity
    3. The tests that determine whether a partnership exists
    4. Partnership by estoppel
    5. Partnership formation