ULOa Discussion
ULOa Discussion
ULOa Discussion
3. According to duration:
a. Partnership with a fixed term or for a particular undertaking.
b. Partnership at will. One in which no term is specified and is not
formed for any particular undertaking.
Classification of Partnership
4. According to purpose:
a. Commercial or trading partnership. One formed for the transaction of
business.
b. Professional or non-trading partnership. One formed for the exercise of
1 profession.
Documents to
Issue certificate
SEC
of registration
commissioner
PARTNERSHIP FORMATION
Partnership formation