| Commentary

66.1 Default provisions

| Commentary

66 Duration and notice

66.1 Default provisions

Under the default code there are a number of ways in which a general partnership may come to an end. For example, where no fixed term has been agreed upon for the duration of the partnership, any partner may terminate the partnership at any time on giving notice to all the other partners of his intention to do so1. This type of partnership is know as a ‘partnership at will’ and is extremely inconvenient for the other partners who may find the partnership ended at very short notice. Consequently, it is usual to insert

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