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A quasi-partnership refers to a business arrangement that resembles a partnership but lacks some formal legal characteristics of one, typically found in closely held corporations. In a quasi-partnership, the shareholders often operate with a partnership-like relationship, emphasizing personal trust and mutual reliance among the owners. Courts may recognize quasi-partnerships in disputes to enforce rights and obligations similar to those in traditional partnerships, particularly when there is evidence of shared control, intent, and economic interdependence. This concept is significant in addressing issues of fairness and equity among stakeholders in closely held entities.
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What has the author Stephen Schwarz written?
Stephen Schwarz has written: 'Corporate and partnership taxation' -- subject(s): Taxation, Law and legislation, Outlines, syllabi, Corporations, Partnership, Outlines, syllabi, etc, Ondernemingsbelastingen, Vennootschapsbelasting
May a partnership be organized for the exercise of a profession?
it depends what kind of juridical persons are forming the partnership, if at least one of the juridical persons is a corporation, there will be no partnership. but if those persons are partnerships then yes they may. "the law does not allow individuals to practice a profession as a corporate entity."
What is NCLT?
NCLT stands for National Company Law Tribunal. It is a quasi-judicial body in India that adjudicates on issues related to companies and corporate law. NCLT has jurisdiction over matters such as company mergers, insolvency, and liquidation.
What has the author Cosmas Cheka written?
Cosmas Cheka has written: 'Corporations & enterprises of the public & quasi-public sector of Cameroon' -- subject(s): Law and legislation, Corporate governance, Business enterprises
What does a corporate solicitor do?
A corporate solicitor handles Mergers & Acquisitions, Partnership Agreements, Corporate Incorporation, Securities Regulation, Mutual Fund Regulation and Taxation. They also handle Compliance and Regulatory issues for a company.
What is quasi-contracts?
A quasi contract is a contract that is an obligation between two parties. It is imposed by the law independently.?æ
What has the author D J Bakibinga written?
D. J. Bakibinga has written: 'Partnership law in Uganda' -- subject(s): Partnership 'Nigerian law of partnership' -- subject(s): Partnership 'Company law in Uganda' -- subject(s): Corporation law, Cases 'Equity and trusts'
What is partnership de facto?
In De Jure partnership it is legitimate; lawful, as a Matter of Law and having complied with all the requirements imposed by law. In a De facto partnership - in fact it is a partnership but which is existing partnership not legally established in law not like the de jure parnership as described above.
Can a corporation own a partnership or a sole proprietorship?
Only the "partners" are owners of a partnership, by definition. Whether a corporation could agree to be a partner depends upon the corporate articles and state law. A "limited partnership" (LP) may be consolidated or merged into a corporation, but that isn't the same as "ownership" of a separate entity. A "sole proprietorship" is, again by definition, owned by an individual. If it were purchased by a corporation it would become (like a merged LP) a corporate asset, such as a division or subsidiary.
When was The Delaware Journal of Corporate Law created?
The Delaware Journal of Corporate Law was created in 1976.
What is Article 1157 of the civil code of the Philippines?
Obligations arise from: (1) Law; (2) Contracts; (3) Quasi- contracts; (4) Acts or omissions punished by law; and (5) Quasi- delicts. (1089a)
What has the author Harry G Henn written?
Harry G. Henn has written: 'Cases and materials on the laws of corporations' -- subject(s): Cases, Corporation law 'Corporate accounting' -- subject(s): Accounting, Corporations 'Teaching materials on the laws of corporations' -- subject(s): Cases, Corporation law 'Agency, partnership, and other unincorporated business enterprises' -- subject(s): Agency (Law), Cases, Partnership 'Henn on copyright law' -- subject(s): Copyright
