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it is related to business law. plz answer fast. CASE-8 MR X and Mr Y are real brothers set up a school in partnership with
it is related to business law. plz answer fast.
CASE-8 MR X and Mr Y are real brothers set up a school in partnership with each other. With mutual consent Mr X provies the land and expenses for construction while MRY will look into school's affairs. They also sign a partnership deed on a plain paper which was unstamped and unregistered. According to partnership Act, Marks (3*1 =3) 2.18 What is the deficiency in partnership deed? Q.19 Suggest them how a better partnership deed can be created? Q.20 Also suggest profit distribution formula for partnersStep by Step Solution
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