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Co-partnership
CO-PARTNERSHIP

Definition: A business relationship or association of two or more equal partners or associates.
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* All eight elements should be in.


1. Purposeful and necessary for the partners or associates.

2. Terms and conditions guiding union will be enforceable.

3. No indebtedness or disadvantage exists between partners.

4. Decisions on endeavour, business, etc. will be made jointly.

5. Efforts contributed to entity will be of the same amount(s).

6. The benefits or losses to the 'collective' are shared same.

7. Sustained or maintained for as long as wished by a partner.

8. Arrangement serves purpose(s), agreement achieves goal(s).
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See perfect OOMPH.
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See perfect COEQUAL.

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