Is Copartnership One Word?

noun The state of being a copartner or of having a joint interest in any matter. noun A partnership or firm. and B. have this day formed a copartnership .

What is a Copartnership?

A copartnership is a legal entity that is jointly owned by two or more persons. The owners are personally responsible for all debts of the business, even debts in excess of the amount they invested in the business. ... Name and business or residence address of the partners.

What is co Partnership in HRM?

In this system, the worker gets his usual wages, a share in the profits of the company and a shear in the management of the company as well. When co-partnership operates with profit sharing the employees are allowed to leave their bonus with the company as shares (bonus shares). ...