Wednesday, March 18, 2009

CHAPTER NO.34 ( LAW OF PARTNER SHIP)

BUSINESS LAW
(KHALID MAHMOOD CHEEMA)

CHAPTER NO.34 ( LAW OF PARTNER SHIP)
SECTION 3 .1932

MEANINGS AND DEFINATION
usa partenership law
Dr. Wiiliam R. Spriegel
Kimball and kimball
Prof. Haney
Partnership act sec. 4
Charactistics
1)Legal entity
2_)Aggrement
3)Number of partners
4)Existence of business
5)Sharing of profits
6)Mutual agency
7)Unlimited liabilities
8)Capital
9)Utmost goods faith
10)Management
11)Control
12)Transfer of interest
13)Duration
Tests of partnership
partner
firm
Firm's Name

page no 342 to 346 of book is the most imporatnt & much best Question with Answer with Examples , accordings to your course and papers

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