This section is from the book "Popular Law Library Vol8 Partnership, Private Corporations, Public Corporations", by Albert H. Putney. Also available from Amazon: Popular Law-Dictionary.
Frederic D. Jordan, A. B., LL. B.
Professor Of The Law Of Contracts And Partnership In The Illinois College Of Law.
A partnership is a legal relation existing between two or more persons, arising from a contract express or implied, under which a business is conducted for and in behalf of the members of the firm, by mutual agency or through an agency agreed upon.