Just a question I thought up while studying for a quiz this evening. I would really appreciate it if someone could help me understand!
1) (Art 1769) A person is presumed a partner if he receives a share of the profit. What if it is a partnership (let's call it B ) who receives a share of a profit from A? Will partnership B be a partner of partnership A? And if B does become a partner, will B be liable for A's liabilities?
1) (Art 1769) A person is presumed a partner if he receives a share of the profit. What if it is a partnership (let's call it B ) who receives a share of a profit from A? Will partnership B be a partner of partnership A? And if B does become a partner, will B be liable for A's liabilities?