Define: Business Partners
Business Partners means any individual, organization or entity with whom a business engages in a cooperative relationship, including but not limited to customers, suppliers, consultants, and contractors
Legal accuracy standard set & glossary spot-checked by Imad Mohammed Nazar , Skadden-trained M&A lawyer, Legal Engineer at GenieAI
Business Partners means any individual, organization or entity with whom a business engages in a cooperative relationship, including but not limited to customers, suppliers, consultants, and contractors.
Relevant Circumstances
- When establishing the terms of a new business partnership.
- When outlining the responsibilities or obligations of each partner in a business deal.
- When defining who can be considered a ““partner”” in the context of a business operation.