uniform partnership

USAGE SUMMARY

The phrase "uniform partnership" is correct and usable in written English.
It can be used in contexts related to business or legal agreements where all partners have equal rights and responsibilities. Example: "The company was formed as a uniform partnership, ensuring that each partner had an equal say in decision-making."

✓ Grammatically correct

Academia

Wiki

News & Media

Human-verified examples from authoritative sources

Exact Expressions

6 human-written examples

Among these new topics are extended coverage of the Restatement (Third) of Agency and the 2013 versions of the Uniform Partnership Act and the Uniform Limited Liability Company Act.

Stanford University

Even under the more liberal RUPA doctrine (compared with its predecessor Uniform Partnership Act, or UPA), a partner's exit from the partnership-by-default triggers a dissolution of the partnership.

Columbia University

But a business that does have some identity, property, and commercial activity before its entity formation will qualify as a partnership under the Revised Uniform Partnership Act (RUPA), which represents the substantive law in just about all jurisdictions.

Columbia University

Read the Uniform Partnership Act.

WikiHow

You can find a copy of your state's partnership act by typing "Uniform Partnership Act" and your state into a web browser.

WikiHow

Under the Uniform Partnership Act, a partnership will be dissolved within 90 days of a partner's death if a majority of surviving partners vote for dissolution.[36].[36]

WikiHow

Human-verified similar examples from authoritative sources

Similar Expressions

54 human-written examples

Mr. Gresham, who is 6 feet 3 inches tall and weighs 262 pounds, wears a jumpsuit of heavy canvas that covers his arms and legs to clean the streets because none of the partnership's uniforms fit him, he said.

The New York Times

A recent competition to design new hospice uniforms, which we ran in partnership with a leading arts school in New York City, presents an opportunity to shine a light on how incredibly multi-faceted hospice care is on the broader scale, and how what might seem like smaller details can make a real difference in the dignified and peaceful end-of-life care hospice patients receive.

Huffington Post

Legal recognition of same-sex partnerships is far from uniform across Europe.

The Guardian

He intends to tighten up in class as well: a smaller student-teacher ratio, more uniform instruction, new textbooks and technology, partnerships with universities and industry.

The New York Times

Changing the standards they apply could have a greater impact than the charities would ever achieve on their own.All that said, the benefits of partnerships will never be uniform, smooth or even very satisfying.

The Economist

Expert writing Tips

Best practice

When using the term "uniform partnership", ensure that the partnership agreement explicitly outlines the equal rights, responsibilities, and liabilities of all partners to avoid potential disputes.

Common error

Do not assume that "uniform partnership" automatically implies limited liability for all partners. Unless explicitly stated and structured otherwise (e.g., limited liability partnership), partners typically share unlimited liability for the partnership's debts.

Linguistic Context

The phrase "uniform partnership" functions as a noun phrase, typically serving as the subject or object in a sentence to denote a specific type of business agreement. According to Ludwig AI, it is often used in legal and business contexts.

Expression frequency: Uncommon

Frequent in

Academia

50%

Wiki

33%

News & Media

17%

Less common in

Science

0%

Formal & Business

0%

Encyclopedias

0%

Ludwig's WRAP-UP

In summary, "uniform partnership" is a noun phrase used to describe a business arrangement where partners share equal responsibilities and rights. While grammatically correct, it's important to understand that it doesn't automatically imply limited liability. According to Ludwig AI, the phrase is most commonly found in academic, legal, and business contexts. For alternative phrasing, consider options like "equal partnership" or ""general partnership"", depending on the specific nuance you want to convey. Ensure your understanding of the Uniform Partnership Act (UPA) or Revised Uniform Partnership Act (RUPA) when using this term in legal or business documentation.

More alternative expressions

Phrases that express similar concepts, ordered by semantic similarity:

equal partnership

Emphasizes the equal distribution of power and responsibilities among partners.

general partnership

Focuses on the unlimited liability and shared management responsibilities of all partners.

standard partnership

Highlights the conventional or typical structure of a partnership agreement.

regular partnership

Indicates a partnership that follows normal procedures and regulations.

traditional partnership

Suggests a partnership model that has been in use for a long time.

conventional partnership

Implies adherence to established customs and practices in partnership formation.

consistent partnership

Stresses the stable and predictable nature of the partnership's operations.

joint partnership

Highlights the shared efforts and collaboration between partners.

balanced partnership

Indicates a fair and equitable distribution of resources and responsibilities.

symmetrical partnership

Focuses on the mirrored or corresponding roles and obligations of the partners.

FAQs

What does "uniform partnership" mean in legal terms?

In legal terms, "uniform partnership" refers to a partnership where all partners share equal rights, responsibilities, and liabilities as defined under the Uniform Partnership Act (UPA) or Revised Uniform Partnership Act (RUPA).

How does a "general partnership" differ from a "uniform partnership"?

While the terms are often used interchangeably, "uniform partnership" emphasizes the equality among partners, whereas a "general partnership" simply highlights the shared management and liabilities, which may not always be equal. The Revised Uniform Partnership Act (RUPA) governs most general partnerships.

Are there specific laws governing a "uniform partnership"?

Yes, partnerships are generally governed by state laws based on the Uniform Partnership Act (UPA) or the Revised Uniform Partnership Act (RUPA). These acts provide default rules for partnerships in the absence of a specific partnership agreement.

What are some alternatives to structuring a business as a "uniform partnership"?

Alternatives include a "limited partnership" (LP), a "limited liability partnership" (LLP), or a limited liability company (LLC), each offering different levels of liability protection and management structures.