14. Which among the following are the features of a partnership firm? Two or more persons are carrying common business under an agreement. They are sharing profits and losses in the fixed ratio. Business is carried by all or any of them acting tor all as an agent. ...
"Partnership" is the relation between persons who have agreed to share the profits of a business carried on by all or any of them acting for all. Persons who have entered into partnership with one another are called individually "partners" and collectively a "firm", and the name under whi...
Partnership working is a new way of approaching service design and delivery. It is a shift from the traditional approach, where decisions are made at the top and then implemented by those below, to a more collective approach, where the service users are involved in all aspects of decision-...
The partners in an LLP may also have a number of junior partners in the firm who work for them in the hopes of someday making full partner. These junior partners are paid a salary and often have no stake or liability in the partnership. The important point is that they are designated p...
The people are highly dependent on the products. Therefore, there is a loss to the firm and society as a whole if the partnership closes abruptly. Due to the unlimited liability, even after the retirement of the partners, they are liable for the acts done when they were the partners. In...
a company’s shareholder without consulting can transfer his shares to others. whereas, in a partnership firm without any approval of other partners, a partner cannot move his share. incorporation – for a firm to be accepted as an individual legal entity, it has to be incorporated. so, it...
The firm offers over 10,000 funds and, as part of its mutual funds strategy, Fidelity has always had a salient presence in the index fund market. In recent years, it introduced an index fund advertised as the first zero expense ratio fund. Specifically, Fidelity ZERO is trying to appeal ...
Instead, we must proactively advance a public-private partnership to act now, leveraging public resources, private technology,[...]Read More about How Policy Makers Can Act Now To Prevent An Avian Influenza Pandemic / Health Affairs Forefront / Wrote by Rick Bright, Steve Brozak, and Richard A...
As part of the partnership that we have, what Windward does is sell its product and what we do is integrate that product with existing platforms. Nine out of 10 times, Windward will get a request from a prospect in which they ask for a certain type of scenario. Windward will refer that...
A structured group of people for a common objective, such as a corporate or government department. The management structure of all organizations specifies the relation between the various activities. Answer and Explanation:1 The different forms of organizations are sole proprietorship, partnership,...