The mere sharing of gross returns alone does

not indicate a partnership, since in a

partnership; the partners share profits after
satisfying all of the partnership’s liabilities. It is
not merely the sharing of profits, but the sharing
of them as a co-owner of the business that
makes one a partner.
i. Receipt of share I the profits. – An
agreement to share both profits and losses
tends strongly to establish the existence of
a partnership, and conversely, the lack of
such an agreement tends strongly to
disprove the existence of a partnership. But
the mere fact of a right under the contract to
participate in both profits and losses of a
business does not of itself have the effect of
establishing a partnership between those
engaged therein.
The mere sharing of gross returns alone does
not indicate a partnership, since in a
partnership; the partners share profits after
satisfying all of the partnership’s liabilities. It is
not merely the sharing of profits, but the sharing
of them as a co-owner of the business that
makes one a partner.
i. Receipt of share I the profits. – An
agreement to share both profits and losses
tends strongly to establish the existence of
a partnership, and conversely, the lack of
such an agreement tends strongly to
disprove the existence of a partnership. But
the mere fact of a right under the contract to
participate in both profits and losses of a
business does not of itself have the effect of
establishing a partnership between those
engaged therein.

The mere sharing of gross returns alone does

not indicate a partnership, since in a
partnership; the partners share profits after
satisfying all of the partnership’s liabilities. It is
not merely the sharing of profits, but the sharing
of them as a co-owner of the business that
makes one a partner.
i. Receipt of share I the profits. – An
agreement to share both profits and losses
tends strongly to establish the existence of
a partnership, and conversely, the lack of
such an agreement tends strongly to
disprove the existence of a partnership. But
 the mere fact of a right under the contract to
participate in both profits and losses of a
business does not of itself have the effect of
establishing a partnership between those
engaged therein.

The mere sharing of gross returns alone does

not indicate a partnership, since in a
partnership; the partners share profits after
satisfying all of the partnership’s liabilities. It is
not merely the sharing of profits, but the sharing
of them as a co-owner of the business that
makes one a partner.
i. Receipt of share I the profits. – An
agreement to share both profits and losses
tends strongly to establish the existence of
a partnership, and conversely, the lack of
such an agreement tends strongly to
disprove the existence of a partnership. But
the mere fact of a right under the contract to
participate in both profits and losses of a
business does not of itself have the effect of
establishing a partnership between those
engaged therein.
The mere sharing of gross returns alone does
not indicate a partnership, since in a
partnership; the partners share profits after
satisfying all of the partnership’s liabilities. It is
not merely the sharing of profits, but the sharing
of them as a co-owner of the business that
makes one a partner.
i. Receipt of share I the profits. – An
agreement to share both profits and losses
tends strongly to establish the existence of
a partnership, and conversely, the lack of
such an agreement tends strongly to
disprove the existence of a partnership. But
the mere fact of a right under the contract to
participate in both profits and losses of a
business does not of itself have the effect of
establishing a partnership between those
engaged therein.