Partnership Act 1890

c. 39) is an Act of the Parliament of the United Kingdom which governs the rights and duties of people or corporate entities conducting business in partnership.

A partnership is defined in the act as 'the relation which subsists between persons carrying on a business in common with a view of profit.

The provisions of the Partnership Act 1890 apply unless expressly or implicitly excluded by agreement of the partners.

Each partner is entitled to participate in management, get an equal share of profit, an indemnity in respect of liabilities assumed in the course of business and the right to not be expelled by other partners.

[2] Where there has been a wrongful act or omission,[3] or a misapplication of money or property in receipt,[4] every partner is jointly and severally liable.