n Transactions of the Centre for Business Law - The ways in which a partnership is terminated. Chapter 32
|Article Title||The ways in which a partnership is terminated. Chapter 32|
|© Publisher:||University of the Free State|
|Journal||Transactions of the Centre for Business Law|
|Publication Date||Feb 2006|
|Pages||200 - 212|
There is no necessity for a partnership to continue in existence forever (Bald. in l. tamdiu. n. 1. C. pro soc), and therefore I must also deal with the dissolution of a partnership. A partnership can be dissolved in various ways, personal, real, a desire to do so and by conduct (l. verum. ss. fin. & ibi Gl. & Dd. ff. pro soc. ss. solvitur. Inst. de societ. Petr. de Ubal. in tract. de duob. fratr. part. 11. in pr.) and therefore I proceed to deal separate and clearly with each one of these. Firstly, a partnership is terminated by the natural or legal death of one of the partners (d. l. verum. ss. si. ff. pro soc. & d. ss. solvitur. Inst. de societ).
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