What Constitutes a Legal Partnership in Ontario?
In Ontario, a legal partnership exists when there are “persons carrying on a business in common, with a view to profit”. Let’s break this down into its main elements. “Carrying
In Ontario, a legal partnership exists when there are “persons carrying on a business in common, with a view to profit”. Let’s break this down into its main elements. “Carrying
Unlike a sole proprietorship or partnership, a corporation does not come into existence simply by virtue of one or several people starting a business. Rather, a corporation must be incorporated
When co-owning real property, it is crucial to address the intention of the co-owners in owning and managing the property. This requires an understanding of how the law of partnerships