Best Partnership Assignment Help from My Homework Help
When two or more individuals come together to establish a legal business and share its profits and losses, this is called partnership. These individuals are known as partners and collectively known as a firm. Many students face difficulty in doing their assignment on partnership. And to help, you out our experts at My Homework help are there to support you so that you don’t face any problem while doing your project on this topic. Our experts are highly qualified and experienced and therefore help you on any matter related to your partnership assignment help. With our help you will be able to get excellent grades in your exam.
Following are some of the essential features of partnership:
- There must be at least two or more individuals.
- There must be agreement between the partners. This agreement is known as the partnership deed, and it forms the basis of mutual relationship between the partners. It may be in writing or oral.
- There must be sharing of profits and losses in the agreed profit sharing ratio.
- The partnership firm must carry on some legal business.
- The partnership business is carried on by all partners or any one or more of them on behalf of all.
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