Partnerships – Joint Venture – Real Property – Purchase & Sale | North Carolina Lawyers Weekly
Even though plaintiffs have not alleged that they agreed to share in the losses of their partnership/joint venture with defendant Barfield, they have alleged that they agreed to be partners in the buying, holding, operation and sale of real property, and to split profits and share proceeds. At the judgment-on-the-pleadings stage, plaintiffsโ allegations are sufficient
Source: nclawyersweekly.com