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What is seperate legal entity

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What is seperate legal entity
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Vinita Jain 4 years, 2 months ago

A type of business organization in which two or more individuals pool money, skills, and other resources, and share profit and loss in accordance with terms of the partnership agreement. In absence of such agreement, a partnership is assumed to exit where the participants in an enterprise agree to share the associated risks and rewards proportionately .
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