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Tokumei kumiai (匿名組合), literally "anonymous partnerships," are a Japanese bilateral contract governed by the Commercial Code of Japan, Article 535 et seq. [1] In English, they are often called TK or silent partnerships. In many respects they are similar to common law limited partnerships.
A silent partner or sleeping partner is one who still shares in the profits and losses of the business, but who is not involved in its management. [20] Sometimes the silent partner's interest in the business will not be publicly known. A silent partner is often an investor in the partnership, who is entitled to a share of the partnership's profits.
Articles of partnership is a voluntary contract between/among two or more persons to place their capital, labor, and skills into a business, with the understanding that there will be a sharing of the profits and losses between/among partners. Outside of North America, it is normally referred to simply as a partnership agreement. [1]
Silent Partner, a 2005 film starring Tara Reid and Nick Moran; The Silent Partner, a silent film drama produced by Jesse Lasky; The Silent Partner, a silent film drama produced by Famous Players–Lasky; The Silent Partner, a silent film drama directed by Roy Mack; The Silent Partner, an Italian drama film
In Canada, the Supreme Court of Canada has recognised that good faith contractual performance is a general organising principle of the common law.This duty applies to all contracts, requiring parties to act honestly in the performance of their obligations, and therefore would operate to determine whether activation of a termination for convenience clause had been done in good faith.