THE PROBLEMS OF PARTNERSHIP BUSINESS IN NIGERIA (A CASE STUDY OF ESCO & CO WARRI DELTA STATE)

ABSTRACT 
This research is aimed at identifying the problems of partnership business in Nigeria and how to sole some of them. This as an attempt to present the frame work which will help various group of persons in partnership businesses and others desiring to become one to have a clear understand of some the problem they are to encounter in the business, especially those of them who are in a haste to form one without understanding the terms of the business neither having any form of agreement. Worthy to mention is the funding which constitute a lot of problems, lack of good planning and good management techniques not being applied which often militate against the progress of the partnership business. 
In terms of organization this work is divided into five chapters enumerated as follows. 
Chapter two: deals with the subject matter under review with reference to books of other authors, published journals, magazine of different opinion. 
Chapter three: Discuss the methods of research the researcher embarked upon with the various instruments used in carry out the wok. 
Chapter four forms the core of this research. Data’s collected were presented, analysed and interpreted and the hypothesis tested. 
Summary of the findings, implications, conclusion and recommendations. 
A list of bibliography and an appendix are provided at the end of this chapter for further classification and information on this study. 
  
 
TABLE OF CONTENT
Title page i
Approval ii
Dedication iii
Acknowledgmentiv
Abstract v
Table of content vii

CHAPTER ONE 
1.0Introduction1 
1.1Statement of problems2 
1.2Aims and objectives 6
1.3Significance of the study 7
1.4Statement of the hypothesis 8
1.5Scope and limitation of the study  9
1.6Definition of terms 11


CHAPTER TWO 
2.0Literature review 12
2.1General nature of partnership business 16
2.2Historical views of partnership business 17
2.3Definition of partnership18
2.4Types of partners 19
2.5Banking of partners 20
2.6Kinds of partnership 23
2.7Applicable laws of partnership in Nigeria 26
2.8Special characteristics of partnership business 28
2.9Formation and operation of partnership 29
2.10Formation procedures 29
2.11Partnership deed 31
2.12Power and liabilities of partners 33
2.13Advantages and disadvantages of partnership 35
2.14Limitation to partners’ liabilities 36
2.15Dissolution and winding up of partnership 37
2.16Conclusion 42

CHAPTER THREE 
3.0Researcher meteorology and design 43
3.1Introduction 43
3.2Research design 43
3.3Data collection instrument 44
3.4Primary data sources 44
3.5Secondary data sources 46
3.6Population description 46
3.7Method of analysis 47

CHAPTER FOUR 
4.0Presentation and Analysis of data 48
4.1Data analysis 48
4.2Presentation and interpretation of data 
4.3Test of hypothesis 

CHAPTER FIVE 
5.0Summary, Findings, conclusion and recommendation 
5.1Findings 
5.2Conclusion 
5.3Recommendations 
Bibliography 
Appendix