Who pioneered the partnership system What is the partnership system

Updated on Financial 2024-05-20
8 answers
  1. Anonymous users2024-02-11

    Sure enough, manufacturing is the initiator to create and create.

  2. Anonymous users2024-02-10

    Limited partnership refers to a form of business organization that allows more investors to bear limited liability on the basis of unlimited liability for more than one partner. The trust system can be traced back to ancient Roman society.

    Partnership is perhaps the oldest manifestation of the human collective instinct". This practice of business was established as early as the 18th century BC in the ancient Babylonian Code of Hammurabi. In the Spring and Autumn Period, China already had the rudiments of the partnership system, and the "Friends of Guan Bao" contained in the "Historical Records" is an example.

    By the time of ancient Rome, partnership had become a well-established and diverse association of individuals. However, early partnerships were primarily a contractual relationship. Generally speaking, it is a contract in which two or more people agree to make a capital contribution, operate a joint business, share benefits, and share risks.

    With the development of the social economy, especially the needs of land and sea, "a new way of doing business, the Commonda, was gradually adopted in Italy, England and other parts of Europe in the late 11th century." The funds mobilized by this type of operation are generally used for long-distance sea** and not often on land**. "The earliest precursor of the deed may have been a commercial custom of Muslims, the purpose for which it arose:

    One is to circumvent the church's law of borrowing and earning interest; Second, it is hoped that the investment risk will be limited to specific properties through the agreement of the contract. Under this type of Commonda contract, one partner (often referred to as the funder side of the stans) transfers goods, money, ships, etc., to the other partner (the entrepreneur who is often referred to as the Tractor) to operate. Partners who risk their money usually receive 3 4 percent of the profit and assume risk liability only to the extent of their investment.

    The entrepreneur engaged in navigation independently engages in nautical transactions with all the property invested by both parties, and obtains 1 4 percent of the profits, and bears unlimited liability for the operation of the business. Some maritime partnerships provide for 1 3 funds from the sailing partner and 2 3 from the non-sailing partner, with the profits split equally between the two parties. The fundamental reason why this way of doing business is unfair is that human life was cheap at that time, and capital was very scarce.

    Therefore, the contract is generally for a specific voyage and terminates upon completion of the voyage.

  3. Anonymous users2024-02-09

    The partnership system refers to an organizational form in which two or more partners own the company and share the company's profits, and the partners are the owners or shareholders of the company. Its main features are: the partners share the operating income of the enterprise, and jointly bear the liability for the operating losses; It can be operated by all partners, or it can be operated by some partners, and the other partners only contribute capital and are responsible for their own profits and losses; The size of the composition of the partners can be large or small.

    1. About the concept of partners. A partner is a relatively common concept in jurisprudence, usually referring to a natural or legal person who invests in a partnership with his assets, participates in the partnership, enjoys rights and obligations according to the agreement, and bears unlimited (or limited) liability for the debts of the enterprise. Partners should have the capacity for civil rights and conduct.

    In practice, the requirements for partners to invest in a partnership and operate a partnership are generally the same in various countries, while the natural identity of the partners, the form of the partners' liability for the debts of the enterprise, and the limitation of civil capacity are different due to different legal systems and differences in customs. In terms of the identity of the partners, most countries stipulate that the partners can be natural persons or legal persons, that is, legal persons are allowed to participate in the partnership; A few countries prohibit legal persons from participating in partnerships. In terms of the capacity of partners, all countries prohibit incapacitated persons from participating in partnerships, but some countries allow or prohibit the participation of persons with legal capacity in partnerships.

    2. Fan Zheng's form of liability for partners. The form of liability of partners refers to the way in which partners bear responsibility for the debts of the partnership, which is the basic feature of a partnership that distinguishes it from a legal enterprise. As for the form of liability of partners, the laws of different countries have different provisions, some require all partners to bear unlimited liability, some stipulate that partners can bear limited liability, some allow some partners to bear limited liability on the basis of unlimited liability for enterprise debts, and some also require partners with unlimited liability to bear joint and several liability for enterprise debts.

    China's Partnership Enterprise Law stipulates that partners shall bear unlimited joint and several liability for the debts of the partnership.

    3. Rights and obligations of partners. As investors in a partnership, partners have rights and obligations in the business. Generally speaking, the right of a partner is to operate a partnership, participate in the execution of partnership affairs, and enjoy the distribution of profits from the enterprise; The obligation is to comply with the partnership agreement, bear the operating losses of the enterprise, and increase the investment in the enterprise as needed.

    Since a partnership is a personal enterprise, the rights and obligations of the partners are mainly stipulated in the partnership agreement, and some specific rights and obligations can also be jointly determined by all partners after the fact. However, the law also regulates the specific rights and obligations of some partners. At present, there are basically three types of enterprises that implement the partnership system in China: accounting firms, law firms, and consulting companies.

  4. Anonymous users2024-02-08

    The partnership system refers to a new enterprise system in which two or more partners own the company and share the profits of the company. The partners are the owners or shareholders of the company.

    The characteristics of the partnership system are as follows:

    The partners enjoy the operating income of the enterprise and are jointly liable for the operating losses; It can be operated by all partners, or by some partners, and the other partners only contribute capital and are responsible for their own profits and losses; The size of the composition of the partners can be large or small.

  5. Anonymous users2024-02-07

    This kind of question can be found directly, so you don't need to ask it here.

  6. Anonymous users2024-02-06

    What is a partnership system? The partnership system is determined by your partners, and there are no national regulations, documents and policies.

  7. Anonymous users2024-02-05

    The partners have a share of the profits and bear the slippery risk of letting go.

  8. Anonymous users2024-02-04

    A professional partner is an individual who starts a business in partnership with the enterprise, and the enterprise provides a new entrepreneurial platform, resources and shares. The partnership with the customer is a collaborative relationship, and the partner's career is to cooperate with the customer's career success, create value and share benefits. With the goal of income, personal development and giving back to the society, professional partners cooperate with Hongchuang enterprises and customers to create and share wealth through the establishment of business circles, innovation, and professional services.

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