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A B C D E F G H I J K L M N O P Q R S T U V W X Y ZReturn to Law Dictionary Index
dissolution
contracts. The dissolution of a contract, is the annulling its effects between the contracting parties.
2. This dissolution of a partnership, is the putting an end to the partnership. Its dissolution does not affect contracts made between the. partners and others; so that they are entitled to all their rights, and they are liable on their obligations, as if the partnership had not been dissolved. Vide article Partnership and 3 Kent, Com. 27 Dane's Ab. h. t.; Gow on Partn. Index, h. t.; Wats. on Partn. h. t.; Bouv. Inst. Index, h. t.
Source : Bouvier 1856
Language : English