To enquire into the profile of five partnerships firms.
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In order to inquire about a partnership firm, you will need to look out at certain factors:
1.Agreement:
A clear understanding of the contract of partnership with the firm is necessary.
2.Nature of agreement: to verify what type of trading or business will be held during agreement.
3.Ownership and control: recognizing the identity and authentication of company.
4.Duration of contract: how long the partnership will stay active.
5.Division of profits: recognizing the amount to be equally distributed among partners
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