Commentary

79 Advantages of share farming agreements

AGRICULTURE vol 2(2)
| Commentary

79 Advantages of share farming agreements

| Commentary

79 Advantages of share farming agreements

Share farming agreements are attractive because:

  1. 79.1

        they offer a degree of flexibility in arranging the sharing of rights and obligations on a differentiated basis which is not generally available through the medium of a general partnership; and

  2. 79.2

        they do not involve the unlimited joint and several liability of each partner for the debts of the business carried on in common.

If the parties are prepared to accept joint and several unlimited liability then the nature of partnership is such that it can cater for an almost infinite variety of terms, and it

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