Partnership Law in Uganda

Book excerpt: This specialist text on Partnership Law in Uganda recognizes the fact that most business activities in Uganda are either conducted individually or in partnership. The author compares the partnership with its offspring, the limited liability company and other associations, before dealing with its nature and definition with reference to relevant statutory provisions. This is followed by an examination of the relationship between partners and outsiders, essentially an agency aspect of partnership before considering the relationship between partners, an attribute resting on property, management and fiduciary considerations. The remaining chapters analyse the dissolution of partnership, the link between partnership and bankruptcy, taxation of partnership and the limited liability partnership introduced by the Partnership Act, 2010. The discussion is supported by reference to relevant Ugandan and common law cases. This work is intended to meet the needs of University Bachelor of Laws Degree students offering either the Company Law and Partnership or Law of Business Association courses, legal practitioners and researchers as well as peripheral students of law majoring in accountancy, business administration, finance and marketing disciplines.