CA Foundation Exam > CA Foundation Questions > To constitute a partnership agreement, it:a)M...
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To constitute a partnership agreement, it:
- a)Must be in writing
- b)Can be oral or written
- c)Either oral or written
- d)Only oral
Correct answer is option 'B'. Can you explain this answer?
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To constitute a partnership agreement, it:a)Must be in writingb)Can be...
A write-off is a deduction in the value of earnings by the amount of an expense or loss. When businesses file their income tax return, they are able to write off expenses incurred to run the business and subtract them from their revenue to determine their taxable income.
partnership agreement. Written agreement between two or more individuals who join as partners to form and carry on a for-profit business. ... A partnership does not have a separate legal existence like an incorporated firm, and the partners are jointly and severally liable for the debts of the firm.Most contracts can be either written or oral and still be legally enforceable, but some agreements must be in writing in order to be binding. However, oral contracts are very difficult to enforce because there's no clear record of the offer, consideration, and acceptance.can be oral or written
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To constitute a partnership agreement, it:a)Must be in writingb)Can be oral or writtenc)Either oral or writtend)Only oralCorrect answer is option 'B'. Can you explain this answer?
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To constitute a partnership agreement, it:a)Must be in writingb)Can be oral or writtenc)Either oral or writtend)Only oralCorrect answer is option 'B'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about To constitute a partnership agreement, it:a)Must be in writingb)Can be oral or writtenc)Either oral or writtend)Only oralCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for To constitute a partnership agreement, it:a)Must be in writingb)Can be oral or writtenc)Either oral or writtend)Only oralCorrect answer is option 'B'. Can you explain this answer?.
To constitute a partnership agreement, it:a)Must be in writingb)Can be oral or writtenc)Either oral or writtend)Only oralCorrect answer is option 'B'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about To constitute a partnership agreement, it:a)Must be in writingb)Can be oral or writtenc)Either oral or writtend)Only oralCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for To constitute a partnership agreement, it:a)Must be in writingb)Can be oral or writtenc)Either oral or writtend)Only oralCorrect answer is option 'B'. Can you explain this answer?.
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