LEONINA SOOCIETAS
Categories: Contracts
Definition (1910 Edition)
Lat. An attempted partnership, in which one party was to bear all the losses, and have no share in the profits. This was a void partnership in Roman law; and, apparently, it would also be void as a partnership in English law, as being inberently inconsistent with the notion of partnership. (Dig. 17, 2, 29, 2.) Brown.
Source: Black's Law Dictionary, 2nd Edition (1910) — Public Domain.
UK commentary and modern updates are original additions. This entry is for educational
reference only and does not constitute legal advice.