Legal Question in Business Law in California

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Absent a partnership agreement, the California Corporations Code applies for dissoluiton of partnerships. Here is a link: http://www.leginfo.ca.gov/cgi-bin/displaycode?section=corp&group=16001-17000&file=16801-16807

It's probably more simple than the previous answers suggest. You can terminate an agreement by a second mutual agreement to terminate it. If the partnership had actually transacted any business with outsiders, it would have a duty to unwind any obligations it had incurred, of course. However, if two or more people have started to form a partnership and haven't gone beyond some kind of lease agreement that will expire anyway, just ask yourself "Who could possibly care if we just dump this idea?" If there are no obligations to anyone for wages, rent, supplies, investment capital, etc., just agree among yourselves that it's over; put it in writing, and call it quits.