Study your flashcards anywhere!

Download the official Cram app for free >

  • Shuffle
    Toggle On
    Toggle Off
  • Alphabetize
    Toggle On
    Toggle Off
  • Front First
    Toggle On
    Toggle Off
  • Both Sides
    Toggle On
    Toggle Off
  • Read
    Toggle On
    Toggle Off
Reading...
Front

How to study your flashcards.

Right/Left arrow keys: Navigate between flashcards.right arrow keyleft arrow key

Up/Down arrow keys: Flip the card between the front and back.down keyup key

H key: Show hint (3rd side).h key

A key: Read text to speech.a key

image

Play button

image

Play button

image

Progress

1/6

Click to flip

6 Cards in this Set

  • Front
  • Back
Partnership
A Association of two or more persons to operate as co-owners a business for proffit
Mututal agency
Any partner can in the name of the firm enter into valid contracts that are binding on the partnership
Partnership agreement
A wrutteb dicynebt tgat sets out the terms under which the partnership will operate
Dissolution
occurs whenever there is a change in personnel of the partnership
Liquidation
occurs when both the partnership and the business end
relizatioon
Assets sold for cash