entity theory of partnership

entity theory of partnership. The theory that a partnership is an entity with a legal existence apart from the partners who make it up. • Under the Uniform Partnership Act, “[a] partnership is an entity distinct from its partners.” UPA § 201 (1994). Cf. AGGREGATE THEORY OF PARTNERSHIP. [Cases: Partnership 63. C.J.S. Partnership § 68.]

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词条贡献者

译员Terence，毕业于国内顶尖法学院，擅长翻译有关能源和自然资源领域的法律文件。