Logourl black

Partnership for a Term


A partnership that exists for a fixed period of time or until a specific event occurs. A partner can dissolve a partnership for a term, but could thereby be liable for breach of the partnership agreement.

Related Rules [?]

The related rules section is for members only and includes a compilation of all the rules of law in Quimbee's database relating to this key term.

To access the related rules, please start your free trial or log in.