Louisiana Civil Code 2802 – Applicability of rules of conventional obligations.
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Terms Used In Louisiana Civil Code 2802
- Contract: A legal written agreement that becomes binding when signed.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
The contract of partnership is governed by the provisions in the Title: Of Conventional Obligations, in all matters that are not otherwise provided for by this Title.
Acts 1980, No. 150, §1.