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When does a partnership exist?

By: Series: Solicitors' Journal ; 145(2) 19 January 2001, 45(1)Publication details: 2001Subject(s): Summary: Examines "Khan v Miah" and the implications for partnerships and all other collaborative commercial ventures. Although the partnership, for which there was no formal agreement, had failed before the restaurant had been opened the HL ruled that many commercial activities involving expenditure had taken place and that the parties had clearly been working together in a common enterprise and that K was entitled to a settlement. Concludes that a partnership exists where there is an intention to make a profit rather than once that profit has been realised.
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Item type Current library Call number Copy number Status Barcode
Journal article London Journal article ABS63451 (Browse shelf(Opens below)) 1 Available 110701-1001

Examines "Khan v Miah" and the implications for partnerships and all other collaborative commercial ventures. Although the partnership, for which there was no formal agreement, had failed before the restaurant had been opened the HL ruled that many commercial activities involving expenditure had taken place and that the parties had clearly been working together in a common enterprise and that K was entitled to a settlement. Concludes that a partnership exists where there is an intention to make a profit rather than once that profit has been realised.