Sydah part 2

Sydah part 2

Published on 29 March 2021
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Transcript
00:02
Gross returns
00:03
Profit
00:04
Ex case: Cox v Coulson
00:05
Cox v Coulson :
00:17
Sec. 4(c) -
00:19
Sharing of Profit
00:24
General Rule
00:25
-Prima Facie a partner
00:25
-If a person receives share of the firm's profit, prima facie, he is a partner
00:30
Exceptions:
00:32
-However, circumstances whereby sharing profit does not qualify a person to be a partner -Sec 4 (c) (i)-(v)
00:37
Davis v Davis case:
00:44
Exception: