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AIOU SOLVED ASSIGNMENT 1 CODE 463 FUNDAMENTAL OF BUSINESS
Solved aiou assignment 1 for subject fundamental of business code 463 for the semester autumn 2015 and spring 2016 is now available at aiou assignments dot com. Fundamental of Business has great importance for those students who want to know how can we deal business in in proper ways.
In code 463 Open University introduces the business. Partnership is one kind of businesses and jointly run by more than one person. When the business expands to a greater extent, the business necessitates a combination of money, skill and working experience. Thus two or more persons may join hands with a view to carrying on a business together and share the profits derived there from, thereby avoiding the limitations of doing business by a person alone, namely lack of capital and inadequate managerial capabilities etc. this form of combined business is known as partnership. The partnership is a relationship between persons who have agreed to share the profits on lasses of a business carried on by all or any of them action for all. The law which regulates the partnership business in Pakistan is known as the partnership act 1932. Under it, there cannot be more than 10% in a banking business and more than 20 partners in any other business.
The complete and more detail you can find in first solved assignment of this course code 463. In this solved assignment you will also find other information about the business. So the second solved assignment will be very soon upload and we need that you share this and other assignments with your friends.