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Dormant partners

Dormant partners, subject to s. 2, (English) Partner-ship Act, 1890, and the

Election

a new firm after having elected to sue a retiring partner. Electio semel facta et placitum testatum non patitur regressum. Quod

Justices

54), but prohibits any solicitor being a justice, or any partner of his, from practising directly or indirectly before the justices

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Office practice

drafting contracts, preparing wills and trusts, setting up corporations and partner-ships, and advising on tax or employment issues, Black's Law Dictionary,

Lien

are exempt. Instances of equitable liens are vendor's lien (q.v.); partner's lien on partnership assets; trustee's lien for costs, charges and

Limited liability

up to the whole amount of his estate, and every partner is so liable upon all the contracts of the partnership.

Managing agency

company. (iii) Where the managing agent is a firm, any partner of such firm. [Banking Regulation Act, 1949 (10 of 1949),

Rival

person having a common right or privilege with another a partner

Particeps criminis or fraudis

Particeps criminis or fraudis (a partner in crime, or fraud).

Partnership at will

Partnership at will, a 'partnership at will' is that it is

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