Discuss on Law of Partnership

This assignment focus to Discuss on Law of Partnership. This is a questionnaire format to analysis Law of Partnership. Partnership is the relation between persons with agreed to share the gains of a business carried on by all or some of them acting for many. Partnership must have several essential elements: There needs to be an agreement entered into by several persons, the agreement has to be to share the profits of the business and the business has to be carried on by all on some of them acting for many.