n Transactions of the Centre for Business Law - Profit and loss : caput 3
|Article Title||Profit and loss : caput 3|
|© Publisher:||University of the Free State|
|Journal||Transactions of the Centre for Business Law|
|Publication Date||Jan 2010|
|Pages||63 - 97|
A student of South African entrepreneurial law usually encounters the expression "leonine partnership" or societas leonina at quite an early stage of his studies. He will quickly realise that he is not dealing with a distinctive common law form of enterprise, and that, despite the term "societas" in the name, it is not a partnership.
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