👉 In legal terms, a "cofathership" refers to a partnership or association where one partner is responsible for all the decisions and actions taken by the other partners. This means that each partner has control over their own financial affairs and decision-making process. A cofathership can be defined as a legal arrangement in which two or more parties, known collectively as "cofathers," are jointly responsible for making business decisions and managing assets. The term is often used to describe partnerships where the partners
