...accurate test, for a right to participate in profits affords a good, often conclusive, evidence that tiie trade in which the profits have been made was carried on in part for or in behalf of the person setting up such claim. But the real ground of the liability is that the trade...

...to participate in the profits. This, no doubt, is, in general, a, sufficiently accurate test ; for a right to participate in profits affords cogent,...that the trade in which the profits have been made wns carried on in part for or on behalf of the person netting up such a claim. But the real ground...

...entitled to participate in the profits. This, no doubt, is in general a sufficiently accnrate test, for a right to participate in profits affords cogent,...that the trade in which the profits have been made wus carried on in part for, or on behalf of, the person setting np such a claim. But the real ground...

...principal and agent." Lord CKANWORTII in Cox v. hickman briefly states the rule thus: "The real ground of liability is that the trade has been carried on by persons acting in his behalf. When that is the case, he is liable to the trade obligations, and entitled to its profits,...