yes because firm is not a legal entity in the name of firm partner earn money n they get purchase property in the name of partner.
The aims and objectives of a partnership firm is to provide a service and be successful. All businesses have the same objective and that is to survive.
Family Firm Institute was created in 1986.
Partnership is the result of an agreement or act of parties. HUF is created by the operation of law.Each partner in a partnership firm is personally liable for the debts and liabilities of the firm to an unlimited extent. In an HUF, only the Karta or the manager is liable for the debts and liabilities of the firm.The death of a partner automatically dissolves a partnership whereas the death of a member does not affect an HUF.A minor cannot become a partner in a partnership firm whereas in the case of an HUF, a minor becomes entitled to an interest by virtue of his birth.
A joint venture is some financial venture taken by two or more parties that maintain their own identities. In this case, intra-firm means that all of the parties involved are within the same company.
Joint Venture
No, Sachin Tendulkar is an Indian and a firm believer of Hindu. He will never get converted to Islam.
Montgomery law firm is the top law firm for family lawyers in NC. They offer a top of the line experience and dedication.
a successful Hindu worships lord no matter what. He also follows the basics of Vedas and Mahabharata Ramayan & Bhagwat Geeta. He has firm belief in The Law of Cause and Effect (karma) .
Do it through a joint venture with the firm of some complementary product
have someone move the steering wheel to the left and right a few inches repeatedly while you watch each joint in motion, they should be firm and snug in the joint, there should not be any play in the joint, if so the joint is bad.
You can have a joint bank account when two or more individuals especially in a partnership business opens an account with the firm name and have more than one signatures.