MGT211_Lecture04

MGT211 Introduction To Business

[@burhannaseer4348]

Lecture Contents: -Disadvantages of a partnership business -Types of partners in a Partnership business -Types of partnerships -Terminations of partnership -Partnership deed(agreement) -Rights of partners

[@iqti99]

b) Disadvantages of Parternership 1:20 unlimited liability : shorted life : Limited Capital : Lack of interest : Slow decision Making Process : difficult to transfer the rights of partnership : chances of conflict c) Types of Partner 11:30 i) Active Partner ii)Secret Partner 12:30 iii) Sleeping Partner 13:30 iv) Senior Partner 14:20 v) Junior Partner d) Kinds of Partnership 15:34 i) Partnership at will ii) Limited Partnership > one partner has limited liability iii) Particular Partnership > formed for a particular purpose, dissolved once completed : eg contract for project e) Termination of Partnership 20:00 i) Notice ii) Death iii)22:20 f) Partner deal / agreement 24:20 : Doc contains terms and conditions of the business Date : Name of Business : Nature of the Business (scope) : Partner Name/Contact details :Capital : Duration of business : Duties of Partners : Salaries : Profit Distribution : withdraw amount : Arbitration : -summary 36:00 -Interview:38:30 - Summarising interview 47:00 g) Rights of the partner 49:50 Right of Participation | Share of Profit | Retirement | claim Salary | Management |

[@ProgrammingWorldUMse]

nice work man....

[@raufsaleem9986]

Beautiful effort

[@maschannel7672]

Thankyou

[@sammalik6453]

JAZAK'ALLAH ✅✨

[@dearjohn3866]

waow. behtareen lecture tha . aur in the end jo meeting krwai businessman sy it was awesome .

[@bilawalusman8859]

Nice lectures sir very important information very good 👍👍👍👍👍

[@sunnykhan-pm1lj]

very very nice lectures in youtube very informative superb

[@faizanshahid4939]

Bht umdah lecture

[@izharkhankhattak]

Nice Lecture

[@haiqahafeez7024]

Great👍

[@HaiderAli-gt5dc]

Which one is better ??? Sole Proprietorship or Patnership

[@danyaliftikhar9867]

Sole is better

[@danyaliftikhar9867]

Sole is better

[@tanzeelyaseen7450]

depend on the nature of business

[@bilawalusman8859]

Yes sole ownership is better