define partnership? write any 4 content of it
Answers
Answer:
partnership is nothing but two people do a work .sharing of work by 2 persons
Answer:
heya
Explanation:
Partnership is an agreement between persons to carry on a business. ... When the agreement is in written form, it is called 'Partnership Deed. ' It must be duly signed by the partners, stamped and registered. Any alteration in partnership deed can be made with the mutual consent of all the partners.
Name of the firm as determined by all partners. Name and details of all the partners of the firm. The date on which business commenced. Firm's existence duration. Amount of capital contributed by each partner.
The name of the firm and the names and addresses of the partners who compose it. Nature of business and the place where it would be carried on. Date of commencement and duration of partnership. Capital contributed by each partner. The ratio of sharing profits and losses.
These are the four types of partnerships.
General partnership. A general partnership is the most basic form of partnership. ...
Limited partnership. Limited partnerships (LPs) are formal business entities authorized by the state. ...
Limited liability partnership. ...
Limited liability limited partnership.
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