Concept Of Incoming And Outgoing Partners

partnership can be defined as voluntary contract between 2 or more competent persons To put in their money, capital, labour, skill, or some or all of them in a lawful business with understanding that there shall be sharing of profit between them. Incoming and outgoing partners are the two basic kinds of defining the types of partners in a partnership firm.

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Arrest And Rights Of An Arrested Person

The expression “arrest” means the detainment of any person by lawful authorities. After the arrest, the liberty of the accused is in the dominance of the arrester. Under the law of crimes, an arrest is an essential tool to present the accused to be taken before the court and to prevent absconding. According to the Farlex Legal Dictionary, “arrest” is defined as “a seizure or forcible restraint; an exercise of the power to deprive a person of his or her liberty; the taking or keeping of a person in custody by legal authority, especially, in response to a criminal charge.”

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