he Partnership

In Nigeria, there have been some improvement in the area of trade and commerce due to improved communication between Nigerian and other countries of the world, as well as between the various towns and villages within the
country. The improvement in the area of communications has led to the formation of partnership to enable Business men to carry out their business more effectively and profitably. Business continues to be largely carried on, however, by individual was enterprises. Of course, each method of carrying on business, whether through a partnership or by an individual, has it’s own merits and demerits.

Meaning Of Partnership
A partnership, as defined by the Uniform Partnership Act, “is an association of two or more persons to carry on as co- owners of a business for profit.” On the other hand, the Partnership Act of 1980 defines partnership as the relationship which subsist between persons called partners, who combine their resources together to carry on certain business with a view to sharing in the profits, and losses, if any.
https://businessplanhub.com.ng/partnership-in-business/#more-195

konews:
he Partnership

In Nigeria, there have been some improvement in the area of trade and commerce due to improved communication between Nigerian and other countries of the world, as well as between the various towns and villages within the
country. The improvement in the area of communications has led to the formation of partnership to enable Business men to carry out their business more effectively and profitably. Business continues to be largely carried on, however, by individual was enterprises. Of course, each method of carrying on business, whether through a partnership or by an individual, has it’s own merits and demerits.

Meaning Of Partnership
A partnership, as defined by the Uniform Partnership Act, “is an association of two or more persons to carry on as co- owners of a business for profit.” On the other hand, the Partnership Act of 1980 defines partnership as the relationship which subsist between persons called partners, who combine their resources together to carry on certain business with a view to sharing in the profits, and losses, if any.
https://businessplanhub.com.ng/partnership-in-business/#more-195

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