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Summary Sole traders and Partnerships - Buisness

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Complex and detailed summary on the Buisness topic; Sole traders and Partnerships. Everythings you will need to know for the exam.

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In a partnership the partners have unlimited liabi
PARTNERSHIP ACT 1890, partners are equally re
each other’s actions and all debts o

If one partner runs up a big debt, the other pa
aske




2 or more people agree to jointly make a bus

owners agree to share responsability for running a bus

Owners agree to share p




-the amount of capital contributed by each partner to the

partnership A deed of Partnership

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February 8, 2024
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Summary
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  • scheme
  • buisness
  • sole traders
  • parterhips
  • summary

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