Section 1 of the Partnership Act 1890 states that: Partnership is the relation which subsists between persons carrying on a business in common with a view of profit."
With reference to relevant case law, critically discuss each of the four elements of this definition.
With reference to relevant legislation and case law, critically discuss the following duties of a director of a company:
• Duty to avoid conflicts of interest (section 175 Companies Act 2006)
• Duty not to accept benefits from third parties (section 176 Companies Act 2006)
• Duty to declare interest in proposed transactions or arrangements (section 177 Companies Act 2006)