FBE2604
Assignment 1 Semester 1 2024
Detailed Solutions, References & Explanations
Unique number: 670111
Due Date: 27 March 2024
QUESTION 1
The essentialia of a partnership agreement include the following elements:
1. Contribution by partners: Each partner must contribute something of value to the
partnership, such as money, property, skill, knowledge, expertise, contacts, or
experience. The contribution must be exposed to the risks of the partnership
business, and partners can agree that a partner will retain ownership of the goods
contributed while making only the use of the goods available to the partnership.
Terms of use
By making use of this document you agree to:
• Use this document as a guide for learning, comparison and reference purpose,
• Not to duplicate, reproduce and/or misrepresent the contents of this document as your own work,
• Fully accept the consequences should you plagiarise or misuse this document.
Disclaimer
Extreme care has been used to create this document, however the contents are provided “as is” without
any representations or warranties, express or implied. The author assumes no liability as a result of
reliance and use of the contents of this document. This document is to be used for comparison, research
and reference purposes ONLY. No part of this document may be reproduced, resold or transmitted in any
form or by any means.