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What is the legal status of a partnership associated with a fixed-term contract upon the expiry of that contract and its non-renewal by the same parties?

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Radiif AI Legal Assistant

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The partnership is deemed dissolved upon the expiry of the underlying contract, especially if the contract was re-tendered and awarded to another party unrelated to the original partners.

The partnership is deemed dissolved upon the expiry of the underlying contract, especially if the contract was re-tendered and awarded to another party unrelated to the original partners.
Source: Radiif.com (رديف) · Saudi Legal AI Platform

Legal References & Citations

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