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Partnerships - Types of Business Organisations
Defination
"The relationship, that exists with persons carrying on a business in common by a view of profit."
Formation of a partnership
Note
In case the partners want to run their business under a name that does not disclose true surname of all partners, which a firm must be registered within the registration of Business Names Act.
management and directors
Legal Rules - Factors Influencing Dividend a) Net purchase rule States that dividend may be paid from company's profit either past or present. b) Capital impairment r
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