2/1/23, 10:22 PM Partnership firm Dynamics

Partnership firm Dynamics

sketchupshubha@gmail.com (not shared) Switch account

Type of Firm

Proprietorship Firm

Partnership Firm

LLC

How many partners are involved?

Your answer

Relation with the partners

Your answer

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Type of Contract

Verbal Contract

Written Contract

Short note about partnership deed

Your answer

How is the work and responsibility divided?

Your answer

Have you ever been into propreitorship firm?

Yes

No

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Criteria for selecting the partners

Your answer

Challanges faced in partnership firm

Your answer

Your view on LLC

Your answer

What happens when a partner decides to leave/ retire from the firm?

Give him the share returns and close the contract

Use his resources and continue the contract

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Any solution to overcome these challenges

Your answer

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