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WAEC - Economics (2016 - No. 21)

In a partnership, the conduct of members is guided by
a memorandum of understanding
the article of partnership
an article of association
a partnership constitution

ব্যাখ্যা

Articles of partnership is a voluntary contract between/among two or more persons to place their capital, labor, and skills into business, with the understanding that there will be a sharing of the profits and losses between/among partners.

 

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