Partnerships are formed by association of two or more persons carrying on a business as co-owners for profit — no formal filing required. These articles cover general partnerships (UPA / RUPA), limited partnerships, LLPs, the partners' fiduciary duties (loyalty, care, good faith), partnership property, dissolution, and winding up.
Master partnerships and LLCs for the bar exam. Learn formation rules, partner liability, management rights, dissociation, dissolution, and the key differences between GPs, LPs, LLPs, and LLCs.
Master business associations for the bar exam. Complete framework covering agency law, partnerships, LLCs, corporations, and fiduciary duties with exam-tested rules and practice questions.