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LAW456 Textbook Summary
LAW456 - Business Organisations
Chapter 1 Partnership Definition pg 2-3 Definition Partnership Act 1892(NSW) s1: persons who have entered into partnership are collectively a firm for purposes of the act. Elements of the Definition of Partnership Partnership as a relationship founded upon a business carried on in common relationship founded upon agreement of parties, express/implied partners can be natural or corporate persons s45: every trade, occupation/profession
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