what is partnership at will in business law? | LegaMart

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QuestionAug 22, 2022 - 17:18

what is partnership at will in business law?

what is partnership at will in business law?

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Sep 4, 2022 - 13:56

A partnership at will is a business agreement between two parties that can be terminated at any time by either party. This arrangement is typically used for short-term projects or ventures where the parties do not want to be locked into a long-term contract. Partnership at-will agreements usually include provisions for how the business will be run, how profits will be divided, and any other terms that the parties agree upon. While this type of agreement can offer flexibility, it also comes with some risk, as either party can end the partnership at any time without notice or cause.

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