Bassett v. Baker

ELLETT, Justice:

Baker appeals from a judgment holding that he and Bassett were joint venturers. The facts are not in dispute, so the question of the relationship .of the parties is a matter of law. The testimony revealed the following facts:

1. Bassett, an airline pilot without any experience in ranching, desired to go into the cattle business.

2. Baker was experienced in the raising and tending of cattle.

3. The two entered into a loosely-stated oral agreement whereby Bassett would buy 100 head of cattle and Baker would care for them. The offspring would be sold by Bassett, and the profits…