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Under the Partnership Act 1891 (SA) a partnership is the relation which subsists between persons carrying on a business in common with a view of

Under thePartnership Act 1891(SA) a partnership is the relation which subsists between persons carrying on a business in common with a view of profit.

  1. Explain the concept of conducting a business 'in common' and
  2. Explain the relevance of profit sharing in determining the existence of a partnership.

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