For example, Jack Horner, Jack Beanstalk and Jack Flash have formed a partnership (known as “The Goose Brothers”) and own and operate a veterinary clinic under the terms of a partnership agreement they have entered into. The partnership leases the site of Jack Horner`s hospital, which owns the country in his personal capacity. In this case, the lease is in the name of Jack Horner as the owner and the three of Jack Horner, Jack Beanstalk and Jack Flash as the tenant. This article will help people on both sides of the coin assess their rights and risks in business transactions where trusts are parties in one way or another. In this case, the legal entity that manages the business is Snow White in its personal capacity. The name of the company Blooming White is not a legal person. . . .