trading partnership
Defined in 2 dictionaries — Case Law, Black's (1910)
Definitions from Case Law
From 63 U.S. 256 - Kimbro v. Bullitt · 1859Most cited · 31 citing opinions
wherever the business, according to the usual mode of conducting it, imports, in its nature, the necessity of buying and selling, the firm is then properly regarded as a trading partnership, and is invested with all the powers and subject to all the obligations incident to that relation
Black's Law Dictionary
Henry Campbell Black, M.A. · 1910
Whenever the business of a firm, according to the usual modes of conducting it, imports, in its nature, the necessity of buying and selling, the firm is properly regarded as a "trading partnership" and is invested with the powers land subject to the obligations incident to that relation. Dowling v. National Exch. Bank, 145 U. S. 512, 12 Sup. Ct. 928, 36 L. Ed. 795.
Defined under Trading in Black's Law Dictionary.