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  2. Partnership - Wikipedia

    en.wikipedia.org/wiki/Partnership

    A partnership is an agreement where parties agree to cooperate to advance their mutual interests. The partners in a partnership may be individuals, businesses, interest -based organizations, schools, governments or combinations.

  3. Partnership accounting - Wikipedia

    en.wikipedia.org/wiki/Partnership_accounting

    In an equal partnership bonus paid to a new partner is distributed equally among the partners. In an unequal partnership bonus is distributed according to the partnership agreement. Assume that Partner A is a 75% partner, and Partner B is a 25% partner. Partner C was admitted to the partnership. He paid $5,000 cash.

  4. Limited partnership - Wikipedia

    en.wikipedia.org/wiki/Limited_partnership

    A limited partnership ( LP) is a type of partnership with general partners who have a right to manage the business and limited partners who have no right to manage the business but have only limited liability for its debts. [ 1] Limited partnerships are distinct from limited liability partnerships, in which all partners have limited liability.

  5. Articles of partnership - Wikipedia

    en.wikipedia.org/wiki/Articles_of_partnership

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

  6. Memorandum of understanding - Wikipedia

    en.wikipedia.org/wiki/Memorandum_of_understanding

    Memorandum of understanding. A memorandum of understanding ( MoU) is a type of agreement between two ( bilateral) or more ( multilateral) parties. It expresses a convergence of will between the parties, indicating an intended common line of action. [ 1] It is often used either in cases where parties do not imply a legal commitment or in ...

  7. Public–private partnership - Wikipedia

    en.wikipedia.org/wiki/Public–private_partnership

    A public–private partnership ( PPP, 3P, or P3) is a long-term arrangement between a government and private sector institutions. [ 1][ 2] Typically, it involves private capital financing government projects and services up-front, and then drawing revenues from taxpayers and/or users for profit over the course of the PPP contract. [ 3]

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