f 05/22/15 ~ EDU-MADE-EASY BLOG

Education is an ornament in prosperity and a refuge in adversity.

It is as impossible to withhold education from the receptive mind as it is impossible to force it upon the unreasoning. - Agnes Repplierg

Education aims to give you a boost up the ladder of knowledge.

Educating the mind without educating the heart is no education at all. - Aristotle

He who opens a school door, closes a prison.

If a man empties his purse into his head, no man can take it away from him. An investment in knowledge always pays the best interest. - Ben Franklin

To the uneducated, an A is just three sticks.

To teach a man how he may learn to grow independently, and for himself, is perhaps the greatest service that one man can do another.

If you think education is expensive, try ignorance.

Education is what remains after one has forgotten what one has learned in school.

ECONS 101



PARTNERSHIP

Hello Readers, How are you all today? It's Beautiful to be here with y'all doing this now and being a source of help to you all. I thank God everyday for meeting you all and being able to write to you and generally interact with you all. Let's Get Started.....

Types of Partnership:
a. Limited Partnership is a type of partnership which is formed and registered under the Limited Partnership Act. In a Limited Partnership, there must be one general partner with unlimited liability and one limited partner whose liability is limited to the amount invested. The Partners cannot take equal part in management and administration of the business. The Limited Partner can have access to the account of the partnership.
Features of Limited Partnership:
* A Limited Partner cannot participate in the Management of the Business.
* Liability is Limited but there must be a partner with Unlimited Liability.
* It must be Registered.                  
b. General/Ordinary Partnership is a partnership where partners have equal responsibility and risk in the business. All Partners are agents of the Firm and they all share the