TABLE OF CONTENTS Partnership a commercial association. Is a voluntary relation. The delectus personarum. Is a partnership a distinct entity?.... The doctrine of contractual limitation. The doctrine that no one but the State may raise the question Series of acts, continuous business, single adventure. No particular formalities required..... How affected by the statute of frauds-Contracts not to be per- [REFERENCES ARE TO SECTIONS] CHAPTER V. WHAT ACTS AND CONTRACTS CREATE A PARTNERSHIP. How question arises.... Partnership inter sese and as to third persons. I. OF TRUE PARTNERSHIPS. True partnerships, how classified...... Of partnerships expressly intended... Of agreements held to create partnerships inter sese when that Legal intention of parties controls.. Tests of intention to form partnership..... ·Agreements to share both profits and losses... Agreements to share profits, nothing being said about losses.. Partnership in profits only.. Agreements to share gross returns. Agreements to share losses only..... II. OF SO-CALLED QUASI-PARTNERSHIPS. Of partnerships as to third persons. 1. Of Sharing Profits. Sharing profits was formerly a ground of liability to third persons as a partner Of the case of Cox v. Hickman. Effect of Cox v. Hickman on English law... Effect of Cox v. Hickman in the United States. Beecher v. Bush Harvey v. Childs Meehan v. Valentine. 2. Of Holding Out as a Partner. Person may become liable as a partner by holding himself out as one What facts must exist.. Who may enforce liability?. Holding out to the world.. Methods of holding out.. The effect |