Question

Develop E-content based partnership deed and limited liability partnership deed

Answer 1

Explanation:

A partnership is generally a business agreement involving at least two persons with the aim to sharing business profit or loss as per agreement. Some of the necessary features of a E-content partnership are;

Definition of partner members

Mutual Contribution made by each in partnership

Distribution and division of Profit or Loss and E-content

Ownership of business assets

Terms of dissolution of partnership

A limited liability partnership has the limited liability conferred upon the company's partners and shareholders. As a private company, personal assets of the proprietor or partners can be at risk in the event of a loss in business, which shall not be a case with limited company