Bennett v Lincoln [2005] JLR 125 (16 March 2005)

Bennett v Lincoln [2005] JLR 125 (16 March 2005)

A partnership is only created when there is consensus ad idem and all four elements—contribution, common benefit, profit sharing, and lawful business—are present.

Citation
[2005] JLR 125
Parties
Applicant: Bennett; Respondent: Lincoln
Jurisdiction
Jersey
Judgment Date
16 March 2005
Procedural Posture
Civil / Judgment
Outcome
judgment delivered
Legal Topics
Partnership Creation, Consensus Ad Idem, Profit Sharing, Lawful Business
Partnership Law Partnership Creation Consensus Ad Idem Profit Sharing Lawful Business

Case Brief

Summary, issues, holding and outcome

More case intelligence is available

Unlock the full research layer for this judgment.

Full judgment text Downloadable case file Legal principles 1 Party arguments 2
Sign in to unlock

Parties

Bennett

Applicant

Lincoln

Respondent

Procedural Posture

Civil / Judgment

Legal Issues

  1. 1 What are the essential elements required to create a partnership?

Ratio Decidendi

A partnership is only created when there is consensus ad idem and all four elements—contribution, common benefit, profit sharing, and lawful business—are present.

Court Disposition

judgment delivered