Question

1. What are the possibility of conflicts in partnership.

only my followers will answer, no spam​

Answer 1

Answer:

Hi User!!

Partnership disputes can arise for many reasons as two partners own a business together and work together. However, some of the most common causes of partnership disputes include: A breach of fiduciary duty: Partners have a duty to act in the best interests of the business.

Hope help..

Thnx!!

Answer 2

A Partnership firm is a business and ready way to among person come together to form a business and divide the profits and the losses of the business in a predefined ratio or an agreed ratio.

• They are various causes that may cause a conflict between the partners.
• Firstly differences of opinion can cause a lot of problems. When the ideas for the perspective of the partners do not match they tend to prove the other person wrong and neglect to find the right solution for the problem.
• When a partner cheats on the other one or does not do his work honestly this also may cause a rift in the partnership.