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

法律翻译舒婷，知名法学院保险学专业，专注翻译各类与保险与再保险诉讼有关的法律文件。