A partnership may be entered into for: (1) a fixed term; (2) a single adventure or undertaking; or (3) an undefined time1.
Unless otherwise agreed, where the partnership is for a fixed term, it terminates on the expiration of that term2. A partnership entered into for a single undertaking is dissolved by the expiry of that undertaking3. Where no fixed term has been agreed upon for the duration of the partnership, it is a partnership at will4 and any partner may determine it at any time on giving notice of his
**Trials are provided to all LexisPSL and LexisLibrary content, excluding Practice Compliance, Practice Management and Risk and Compliance, subscription packages are tailored to your specific needs. To discuss trialling these LexisPSL services please email customer service via our online form. Free trials are only available to individuals based in the UK. We may terminate this trial at any time or decide not to give a trial, for any reason. Trial includes one question to LexisAsk during the length of the trial.
To view the latest version of this document and millions of others like it, sign-in to LexisLibrary or register for a free trial.
EXISTING USER? SIGN IN
TAKE A FREE TRIAL
0330 161 1234