The Supreme Court has defined a partnership as "an artificial being,invisible,intangible,and existing only in contemplation of the law."

Question

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The Supreme Court's definition of "an artificial being, invisible, intangible, and existing only in contemplation of the law" actually describes a corporation, not a partnership. Partnerships are generally considered as groups of individuals or entities that come together to conduct business, without the legal separateness from its owners that a corporation has.

The Supreme Court Has Defined a Partnership as "An Artificial