1.1) Differentiate between the different types of partnerships. In your answer: • identify the types of partnership • explain the characteristics of that particular partnership • explain the liability of each of the partners with respect to the type of partnership
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1.1) Differentiate between the different types of partnerships. In your answer:
• identify the types of
• explain the characteristics of that particular partnership
• explain the liability of each of the partners with respect to the type of
partnership
1.2) Judy is a shareholder in Pat-X Ltd. She believes that she can use the share
certificate to make a payment. She wants to exchange the certificate for a
pair of shoes. The last time she checked the shares were valued at a R1000
and she figures she could put them to good use. Can she do so? Discuss with
reference to the nature of a share certificate.
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