Practice point: A partnership is an association of two or more persons to carry on as co-owners a business for profit, pursuant toPartnership Law § 10[1].
Students should note that if there is no written agreement between the parties, the court will decide whether there is a partnership based on the conduct, intention, and relationship between the parties.
Case: Czernicki v. Lawniczak, NY Slip Op 05503 (2d Dept. 2010)
Here is the opinion.
Tuesday's issue: Employment Law.