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Share 'MGT611 - Business & Labor Law, Closing Date Wednesday, February 06, 2019'
You are required to discuss the following points related to Partnership mode of business as per the law of partnership discussed in this course:
Sharing of profit is necessary but sharing of loss is not necessary to formulate a Partnership. Do you agree with this statement?
Provide any one of the situations where the profit of the firm will be distributed equally among all the partners.…
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