Assignment on Business and Corporate Law

Added on - 21 Apr 2020

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Running head: BUSINESS AND CORPORATE LAWBusiness and Corporate LawName of the StudentName of the UniversityAuthor Note
1BUSINESS AND CORPORATE LAWExecutive SummeryIn this assignment, the key features of a partnership, which is compare with a jointventure, has discussed. The special features and importance of the partnership and joint ventureis also part under the partnership variation.
2BUSINESS AND CORPORATE LAWTable of ContentsThe key features of a partnership as compared to a joint venture...................................................4The Partnership............................................................................................................................4Risks and Rewards.......................................................................................................................4Unlimited Liability......................................................................................................................4Share of Profits............................................................................................................................4Decision Making Process............................................................................................................4Ownership Sharing......................................................................................................................5Flexibility.....................................................................................................................................5Taxation.......................................................................................................................................5Tenure..........................................................................................................................................5Dissolution of the partnership......................................................................................................5Joint Venture....................................................................................................................................6Legislations governing partnership and Joint venture in Australia.................................................6List of partnership legislations in Australia.....................................................................................6The Difference between partnership and Joint Venture..............................................................7Recommendation.............................................................................................................................7Reference.........................................................................................................................................9
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