Legal Question in Business Law in Philippines

i give a money to a owner of a business to help him for the expansion of his business. is there a partnership between us?

Asked on 10/07/12, 9:26 am

1 Answer from Attorneys

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Partnership means contributing to the common fund and distributing the profits among yourselves. If that is the agreement then there is partnership.

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Answered on 10/07/12, 8:06 pm

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