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2. Partnership - Wikipedia

   en.wikipedia.org/wiki/Partnership

   The Partnership Act, 1932 nowhere mentions that the Partnership Agreement is to be in written or oral format. Thus the general rule of the Contract Act applies that the contract can be 'oral' or 'written' as long as it satisfies the basic conditions of being a contract i.e. the agreement between partners is legally enforceable.

3. General partnership - Wikipedia

   en.wikipedia.org/wiki/General_partnership

   t. e. A general partnership, the basic form of partnership under common law, is in most countries an association of persons or an unincorporated company with the following major features: Must be created by agreement, proof of existence and estoppel. Formed by two or more persons. The owners are jointly and severally liable for any legal ...

4. Partnership accounting - Wikipedia

   en.wikipedia.org/wiki/Partnership_accounting

   In an equal partnership bonus paid to a new partner is distributed equally among the partners. In an unequal partnership bonus is distributed according to the partnership agreement. Assume that Partner A is a 75% partner, and Partner B is a 25% partner. Partner C was admitted to the partnership. He paid $5,000 cash.

5. Partnership taxation in the United States - Wikipedia

   en.wikipedia.org/wiki/Partnership_taxation_in...

   The rules governing partnership taxation, for purposes of the U.S. Federal income tax, are codified according to Subchapter K of Chapter 1 of the U.S. Internal Revenue Code (Title 26 of the United States Code). Partnerships are "flow-through" entities. Flow-through taxation means that the entity does not pay taxes on its income.

6. Strategic partnership - Wikipedia

   en.wikipedia.org/wiki/Strategic_partnership

   A strategic partnership (also see strategic alliance) is a relationship between two commercial enterprises, usually formalized by one or more business contracts. A strategic partnership will usually fall short of a legal partnership entity, agency, or corporate affiliate relationship. Strategic partnerships can take on various forms from shake ...

7. Contract bridge - Wikipedia

   en.wikipedia.org/wiki/Contract_bridge

   Contract bridge, or simply bridge, is a trick-taking card game using a standard 52-card deck. In its basic format, it is played by four players in two competing partnerships, [ 1 ] with partners sitting opposite each other around a table. [ a ] Millions of people play bridge worldwide in clubs, tournaments, online and with friends at home ...