Features of Partnership

Features of Partnership: The main features of Partnership are: 1. Contractual Relationship: The partnership arises only from a contract between

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What is Partnership

Partnership: Partnership as a form of organisation has come into existence due to failure and limitations of the sole proprietorship.

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What is Partnership Deed

Partnership Deed or Agreement: The partnership comes into existence by an agreement or deed. A partnership deed is a document

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Advantages And Disadvantages Of Sole Proprietorship

Advantages Of Sole Proprietorship: The main Advantages of Sole Proprietorship:  1. The facility of Formation: This is the main advantages

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What is Joint Hindu Family Business?

Joint Hindu Family Business: The joint Hindu family business is a separate form of the business unit. It is a

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What is Schedule Bank?

Schedule Bank:  Scheduled bank refers to those banking institutions whose names are included in the second schedule of the Central

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Different Types of Reserves

Types of Reserves:  A)  Revenue Reserves: Revenue Reserves are the reserves which are created out of revenue profits which have

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