Beruflich Dokumente
Kultur Dokumente
LECTURE AID
2016
1. Ease of formation
2. Separate legal personality
3. Mutual agency
4. Co-ownership of property
5. Co-ownership of profits
6. Limited life
7. Transfer of ownership
8. Unlimited liability (this is applicable to a general
partnership)
1. Capital accounts
2. Drawing accounts
3. Receivable from/ Payable to a partner
SEAT WORK:
(PROBLEM 1-5: CLASSROOM ACTIVITY)