Legal Question in Business Law in Philippines
i give a money to a owner of a business to help him for the expansion of his business. is there a partnership between us?
Asked on 10/07/12, 9:26 am
1 Answer from Attorneys
VOLTAIRE T. DUANO
VOLTAIRE T. DUANO LAW OFFICE
Partnership means contributing to the common fund and distributing the profits among yourselves. If that is the agreement then there is partnership.
Answered on 10/07/12, 8:06 pm
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