The rights of each partner: Under the Partnership Act, partners have the right to:
- Share equally in profits and losses;
- Indemnity;
- Interest on advances;
- Interest on capital;
- Share in management of the business;
- Wages / drawings;
- Consent to introduction of new partners;
- Change the fundamental nature of the business by unanimous vote;
- Access partnership books; and
- Expel a partner by majority – only if allowed for in a partnership agreement.