An inference of the existence of a general partnership is drawn if profits are received in payment of a debt owed to a creditor in installments or otherwise.

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Receiving profits as a means of repaying a debt does not in itself create a general partnership. A general partnership is inferred when individuals engage in a business with the intent to share profits and losses, not merely through the repayment of debts with profits.

An Inference of the Existence of a General Partnership Is