MGT603 MIDTERM PAST PAPERS
A minor can share benefits of a business however not the misfortunes. 10. Ostensible Partner An accomplice who neither contributes in capital nor does he participate in the administration of the business yet permits his name to be utilized in the business is known as ostensible accomplice.
He is independently and together at risk for the obligations of the firm alongside different accomplices. 11. Perished Partner An accomplice whose life has terminated is known as expired accomplice.
The portion of capital and benefit of such accomplice is paid to his lawful beneficiaries in single amount or in portion. 12. Restricted Partner An accomplice whose liabilities are restricted to his portion in business is called restricted accomplice.
ALL VU ASSIGNMENT SOLUTION GROUPS MUST JOIN AND SHARE WITH FRIENDS
IN THIS WHATSAPP GROUP I SEND A SOLUTION FILE AND LINK FOR YOU. MUST JOIN THESE WHATSAPP GROUPS CLICK BELOW LINK
ALSO, SEE
ACC311 FINAL TERM PAST PAPER MEGA FILES
MUST JOIN VU STUDY GROUPS
GROUP LINK
GROUP LINK
GROUP LINK
GROUP LINK
GROUP LINK
He can’t take dynamic part in the administration of the firm. 13. Limitless Partner An accomplice whose liabilities are limitless is known as limitless accomplice. He and his own property both are responsible to get the obligations free from the firm. MGT603 MIDTERM PAST PAPERS
Approaching Partner An individual who is recently conceded in the firm with the assent of the relative multitude of accomplices is called approaching accomplice. He isn’t responsible for any demonstration of the firm performed before he turned into the accomplice except if he concurs. MGT603 MIDTERM PAST PAPERS
A minor can share benefits of a business however not the misfortunes. 10. Ostensible Partner An accomplice who neither contributes in capital nor does he participate in the administration of the business yet permits his name to be utilized in the business is known as ostensible accomplice.
-
MGT603 MIDTERM PAST PAPERS DOWNLOAD