INTRODUCTION TO BUSINESS (MGT211)

ASSIGNMENT

Scenario:

At the start of year 2021, five friends from Faisalabad (a famous city of Pakistan) join
hands to start a textile manufacturing business in Partnership. For simplicity let’s say
names of those partners are MR. A, B, C, D, and E who have invested PKR 30 million,
30 million, 45 million, 20 million and 15 million respectively. Mr. D has decided not
to take part actively in the activities of the business whereas Mr.B wanted not to
disclose himself as partner to general public due to some political reasons. As a result
Mr. A have been given responsibility to run the business. Partnership deed has been
drafted and signed by all the partners.

Requirement:

You are required to recall the five types of partners in your mind and identify the
distinct type of each partner in this Partnership and mention only one reason for that.
Present your solution as per the following format:

Sr. Partner Name Partner Type Reason

1 A
2 B
3 C
4 D
5 E
1 mark for identification and 1 mark for the reason in each case Total =10 Marks

Instructions
 Be brief and precise.
 Be honest. Prepare the solution yourself. Do not copy-paste from any source.