explain four characteristics of partnership deed
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Explanation:
Existence of an agreement: Partnership is the outcome of an agreement between two or more persons to carry on business. ...
Existence of business: ...
Sharing of profits: ...
Agency relationship: ...
Membership: ...
Nature of liability: ...
Fusion of ownership and control: ...
Non-transferability of interest:
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Explanation:
- two or more persons
- agreement
- lawful business
- profit sharing
Attachments:
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