The following are some of the disadvantages of a partnership business: A partnership business makes one partner responsible for sharing... View Article
As per the rules of Companies Act, 2013, a maximum of 100 members can be there in case of a partnership firm and a minimum number of 2 partners... View Article
The partnership deed created by partners must be on a stamp paper following the rules of Indian Stamp Act, and each partner should be carrying a... View Article
If the partnership deed is silent then the rules applicable for partnership without partnership deed will be applicable which are as follows:... View Article
As per the Indian Partnership Act, 1932, it is not compulsory to register a partnership firm as the firm does not have a separate legal entity.... View Article
The following are the importance of the partnership deed: It provides transparency regarding the role, responsibility and liability of each... View Article
The following are the essential elements of partnership: Contract of a partnership Between two or more persons Both the parties must have... View Article
Partnership deed is necessary as it serves the purpose of establishing a business enterprise through a legally binding agreement. Also read:... View Article
A partnership deed is an agreement that is made between two or more partners of a firm and it outlines the various terms and conditions of the... View Article
The strategies for rural development are mainly focused on these points: Alleviation of poverty Providing better livelihood opportunities for... View Article
The following are some of the key issues in rural development: Land reforms Development of human resources Measures for poverty alleviation... View Article
The aim of rural development is to improve the quality of life of the rural population in an equitable and sustainable manner. It aims at... View Article
Economic growth is required as it provides financial stability and power to the workers. A country having a good economic growth will have many... View Article
The operation of a nation’s economy as a whole is studied under macroeconomics. It studies the performance and behavior of the economy as a... View Article
When prices are free to adjust over time in the long run the market price of a good tends to equal the equilibrium price in the long run. Stay... View Article
