Partnerships - The Language of Business Law

I must tell my partners that I want to .... from the partnership. I went on holiday to Spain and met a man I wish to marry. I will move to Spain and join him in his business.

I want to leave the partnership. What .... .... must I give to the other partners?

As each partner contributed different amounts of money to the business, the partners agreed to share the profits in the same ... as the amounts that they invested

When they set up a partnership, Mr Hicks decided to .... 5000 pounds and Mrs Pearson agreed to invest 3500 pounds

The partners agreed that they can each take out 600 pounds every month as ....

Each partner has definite duties. For example, I am reponsible for the computer system and Mr Brown is the partner responsible for the day-to-day .... of the business

I prepared your accounts and you will see that the partnership did not perform well last year. It made a ... of 15,000 pounds

The total .... of the partnership is 405,000 pounds

The business was unsuccessful and the partners .... the partnership last year.

The partnership will .... .... the name of Fast Flowers.

One of the partners often takes cocaine and other illegal drugs. This is a breach of the partnership agreeement and provides clear grounds for the other partners to .... him from the partnership

My birthday is in September and I will be 65 years old. I will then .... from the partnership