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AFAR - Sir Brad PDF

36 Pages·2024·English
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by ['Oliveros Jaymark']| 2024| 36 pages| English

About AFAR - Sir Brad

The document discusses key aspects of partnerships including formation, operations, dissolution, and liquidation. Partnerships involve two or more persons contributing money, property, skills or industry to be shared. Profits and losses are shared according to the partnership agreement. Upon dissolution, assets are liquidated to pay creditors then distributed to partners according to their capital balances. The liquidation process can be lump-sum or installment to safely distribute cash to partners over time.

Detailed Information

Author:['Oliveros Jaymark']
Publication Year:2024
Pages:36
Language:English
Format:PDF
Price:FREE
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