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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › Partnership
Hello,
I would like to know if partnership must exist for more then a single business transaction?
Or it can be just one off transaction?
Many thanks
Elina
Hi, the definition of partnership includes the expression “carrying on business in common”
It’s a course of trade / business and not therefore a one-off
