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Partnership Types in Business Law

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Questions and Answers

What are individuals called who have entered into partnership with one another?

Partners

What is the collective term used for individuals in a partnership?

A firm

What is the name under which the business carried on by partners is called?

Firm name

How can it be determined whether a group of persons are in a partnership or not?

By looking into its features or characteristics Signup and view all the answers

What is an individual called who has entered into partnership?

Partner Signup and view all the answers

What is the term for the business name under which partners operate?

Firm name Signup and view all the answers

What is the name given to the collective group of individuals in a partnership?

A firm Signup and view all the answers

How can one determine if a group of individuals are in a partnership?

By examining its features or characteristics Signup and view all the answers

What term is used for the business name under which partners conduct their operations?

Firm name Signup and view all the answers

What is the term used to describe the collective group of partners in a partnership?