Articles Posted in Tag: partnership

How do you create a partnership? (Corp. Code § 16101)
Underwood Law Firm, P.C.

The way a business is conducted depends on the entity used to conduct it. There are several entities one can form in order to conduct a business. One common entity used to conduct a business is a partnership. The formalities for creating a partnership are dependent on what type of partnership a person decides...

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Does RUPA apply to joint ventures? (Corp. Code § 16101)
Underwood Law Firm, P.C.

Yes. While joint ventures are a distinct type of business entity, they share many similarities with general partnerships in California. In fact, “the resemblance between a partnership and joint venture is so close that the rights as between adventurers are governed by practically the same rules that govern partners.” (Milton Kauffman, Inc. v. Superior...

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