Partnership

A partnership is an arrangement where parties, known as partners, agree to cooperate to advance their mutual interests. The partners in a partnership may be individuals, businesses, interest-based organizations, schools, governments or combinations organizations may partner together to increase the likelihood of each achieving their mission and to amplify their reach. A partnership may result in issuing and holding equity or may be only governed by a contract. Partnership agreements can be formed in the following areas:

  • Business: two or more companies join forces in a joint venture or a consortium to i) work on a project (e.g. industrial or research project) which would be too heavy or too risky for a single entity, ii) join forces to have a stronger position on the market, iii) comply with specific regulation (e.g. in some emerging countries, foreigners can only invest in the form of partnerships with local entrepreneurs). In this case, the alliance may be structured in a process comparable to a Mergers & Acquisitions transaction.
  • Partnership (Australia)

    In Australia, each state has enacted legislation regarding partnerships.

    The definition of a partnership does not vary across jurisdictions, with each definition encompassing the following criteria in determining the existence of a partnership:

  • Valid Agreement between the parties;
  • To carry on a business - as opposed to a single or isolated transaction, which suggests a Joint venture.;
  • In Common - meaning there must be some mutuality of rights, agency, interests and obligations;
  • View to Profit - partnerships must form with a view to profit. Other business structures such as charities and sporting clubs do not seek to share profits and liabilities, and are thus treated differently under each state jurisdiction's respective Associations Incorporation Act.
  • Who is a partner?

    As to whether any given person involved with a company is a 'partner', guidance is found in s.6 of the Act. Several rules are given. The most common are as follows:

  • Joint-ownership:
  • Rule 1 - s.6(1)provides that there must be joint-ownership. This is rather self-explanatory but the mere fact that persons may be joint-tenants or have part ownership do not in themselves create a partnership. Typically, where the rules below point towards a partnership, such would generally satisfy this rule.

    Partnership (Fulton, Maryland)

    Partnership, is a historic building constructed in Fulton, Maryland, in Howard County, although the land was part of Anne Arundel County at the time of the construction. The building was formerly one of the oldest in Howard County until its relocation in 1963 to Phoenix, Maryland in Baltimore County.

    Partnership is a three-bay wide brick construction house with a gambrel roof. The bricks were created on-site, some with animal footprints imbedded.

    In 1719, the land named Partnership was patented by Thomas Worthington (c. 1890–1753). A brick home was constructed on-site at what was a slave tobacco plantation. Worthington's daughter Katherine (1720–1788) took the property as part of a dowry to her marriage with Captain Nicholas Gassaway. Captain Gassaway (c. 1719–1755) resided on the property and estate in 1775 when he willed it to his son Brice John Gassaway (1755–1806). The house was bought by James Cox, then sold to Hamilton Moore in 1851. The house is best known as the Moore house, with Moore's granddaughter, Mrs. George Skaggs, owning it until 1960. The 700-acre farm was part of "Hell's Corner", with the southern boundary forming Scaggsville Road, and the post stop of Scaggsville, Maryland. The property was purchased by the Khrum family. In 1963, the property was purchased at the same time as large tracts of farmland were being assembled for the creation of The Rouse Company development Columbia. P.T. McHenry, the developer of Mooresfield single family homes sold the home to William W. Cooper for its relocation to Phoenix, Maryland, after the outbuildings were demolished.

    Vital

    Vital or Vitals may refer to:

  • VITAL for Children, a charitable organisation
  • Vitalism, the doctrine that life cannot be explained solely by mechanism
  • Vitalism (Jainism), the Jain teacher Mahāvīra's philosophy
  • Vital Forsikring, a Norwegian insurance company
  • Hayyim ben Joseph Vital (1543–1620), rabbi and mystic
  • Vital currents, the concept of currents within the body found in Yoga
  • Vital (film), a 2004 Japanese movie directed by Shinya Tsukamoto
  • Vital (Van der Graaf Generator album), 1978
  • Vital (grape), a Portuguese wine grape grown in the Alcobaça wine region
  • Vitals (novel) , a 2002 science fiction/techno-thriller novel by Greg Bear
  • Vitals (website), a medical website
  • Vital (Anberlin album), 2012
  • Vitals (Mutemath album), 2015
  • Vital, a 2009 studio album by Norman Bedard
  • "Vital" very important objective or object.
  • See also

  • Vital (surname)
  • Saint Vitalis (disambiguation)
  • St. Vital (electoral district), Winnipeg
  • St. Vital, Winnipeg
  • Vital organs that are essential to an individual's life
  • Vital signs, a set of measurements taken by health professionals in order to assess the most basic body functions
  • Vital (Anberlin album)

    Vital is the sixth studio album by American alternative rock band Anberlin which was released on October 16, 2012. In interviews, vocalist Stephen Christian has stated the album has a youthful, energetic energy and features new influences for the band. Upon release, the album was met with favorable reviews from critics and fans alike. The album was re-released in 2013 as Devotion, adding the deluxe tracks from various retailers, new remixes, and a full live album.

    Critical reception

    Vital garnered generally positive reception from music critics. The review aggregator website Metacritic gives a weighted average rating to an album based upon the selected independent mainstream reviews it utilizes, and the album has a Metascore of a 77 out of 100 based on five reviews.

    At Alternative Press, Evan Lucy stating that "Vital [is] the most well-rounded Anberlin album to date." Matt Collar of AllMusic saying that "Ultimately, while Vital is Anberlin's most challenging album to date, as the title implies, it is perhaps the band's most rewarding album." At AbsolutePunk, Jack Appleby writing that "Calling Vital a career-defining record isn't a stretch in the least", which it "is the best record in Anberlin’s 10 year career, bar none." SowingSeason of Sputnikmusic remarking that "Even if it isn’t the best album they’ve ever made, Vital is perhaps the smartest", that contains some "otherworldly vocals." At Melodic, Johan Wippsson commenting that "the band has kept the energy that characterizes their sound and overall it’s an album that shows that the band is in the right direction."

    Vital (Van der Graaf Generator album)

    Vital is the first live album by English progressive rock band Van der Graaf Generator. It was recorded 16 January 1978 at the Marquee Club in London and was released in July, one month after the band's 1978 break-up. The album (on vinyl and, later, on CD) was credited under the abbreviated name Van der Graaf, like the previous year's The Quiet Zone/The Pleasure Dome, and featured the same line-up plus newcomer cellist Charles Dickie, who had officially joined the band in August 1977, and original saxophonist and flautist David Jackson, who re-joined the band for this recording.

    The album is noted for its sometimes radical reworking of the older material. Although Van der Graaf Generator were seldom less than intense on stage, the 1977 and 1978 tours were remarkable for their ferocity. The absence of Hugh Banton, whose organ work was a hallmark of the group's sound before his departure in 1976, as well as frontman Peter Hammill's increased duties as a rhythm guitarist, account for much of this.

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    Omaze £6m home in Blakeney planning law breach investigation ends

    BBC News 12 Mar 2025
    "Omaze guarantees that no house-winner would ever have to incur any costs whatsoever to remedy an alleged historical planning breach." ... "The aim of the partnership is to raise vital funds to tackle poverty," it added.
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