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partnership single

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › partnership single

  • This topic has 1 reply, 2 voices, and was last updated 7 years ago by MikeLittle.
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  • January 14, 2018 at 10:06 am #429029
    humai
    Participant
    • Topics: 757
    • Replies: 248
    • ☆☆☆☆☆

    Can partnership exist for a single business transaction?

    January 14, 2018 at 10:10 am #429032
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23333
    • ☆☆☆☆☆

    It can exist for a course of trade or voyage

    If you wish t describe a voyage as a transaction, then the answer must be yes

    If you are referring to a “traditional” transaction (eg buying or selling an item on one invoice) then that would hardly qualify as “a course of trade”

    OK?

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  • The topic ‘partnership single’ is closed to new replies.

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