According to the laws of South Africa, a partnership is not recognized as a separate entity apart from the partners.
A partnership is a business relationship that exists among partners who come together for a business mission: to make and share profits and losses.
A partnership as a business structure depends on the partnership agreement. In the absence of an agreement, the general partnership rules are applied when conflicts arise.
Thus, according to the laws of South Africa, a partnership is not recognized as a separate entity apart from the partners.
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