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PARTNERSHIP LAW - Coggle Diagram
PARTNERSHIP LAW
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DISSOLUTION
Section 35 - death, bankrupt, charge
Section 34- fixed term, single adventure, notice
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Section 37 - lunatic, permanently incapable, guilty, breach of partnership, loss, just and equitable
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DEFINITION -The RELATION which subsists between PERSONS carrying on business IN COMMON with a view of PROFIT
PARTNERSHIP ACT 1961 (SECTION 3 (1))
ELEMENTS - More than one
- Business for profit
-Business in common