LWF4 Eng

Syllabus D2. Partnerships 2 / 4

a) Demonstrate a knowledge of the legislation governing the partnership, both unlimited and limited.
b) Discuss the formation of a partnership.
c) Explain the authority of partners in relation to partnership activity.
d) Analyse the liability of various partners for partnership debts.
e) Explain the termination of a partnership, and partners’ subsequent rights and liabilities.
Partnerships