Explain term partnership.

1.	Explain term partnership.
Answer» Term partnership: When the duration of the partnership is mentioned in the agreement it is called partnership for a fixed time. Once the rturation is completed, the partnership dissolves automatically. However, if the partners wish to extend the duration they can.

Answer»

Term partnership:

When the duration of the partnership is mentioned in the agreement it is called partnership for a fixed time. Once the rturation is completed, the partnership dissolves automatically. However, if the partners wish to extend the duration they can.

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Explain term partnership.

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