A partnership is an arrangement where parties, known as partners, agree to cooperate to advance their mutual interests. The partners in a partnership may be individuals, businesses, interest-based organizations, schools, governments or combinations organizations may partner together to increase the likelihood of each achieving their mission and to amplify their reach. A partnership may result in issuing and holding equity or may be only governed by a contract. Partnership agreements can be formed in the following areas:
In the sport of cricket, two batsmen always bat in partnership, although only one is on strike at any time. The partnership between two batsmen will come to an end when one of them is dismissed or retires, or the innings comes to a close (usually due to victory being achieved, a declaration, a time or over limit being reached, or the match being abandoned in mid-innings for inclement weather or, exceptionally, dangerous playing conditions). Various statistics may be used to describe a partnership, most notably the number of runs scored during it (either by the batsmen or as extras), the duration of the partnership both in time (usually quoted in minutes) and number of deliveries (balls) faced. Partnerships are often described as being for a particular wicket (for example, a "third wicket partnership", also called a "third wicket stand"—in this context, the "opening partnership" between the two opening batsmen is the "first wicket partnership"). This has the anomalous result that a partnership may be between more than two batsmen, if one of the original batsmen retires hurt but not out, since the particular numbered wicket will not have fallen yet.
In Australia, each state has enacted legislation regarding partnerships.
The definition of a partnership does not vary across jurisdictions, with each definition encompassing the following criteria in determining the existence of a partnership:
As to whether any given person involved with a company is a 'partner', guidance is found in s.6 of the Act. Several rules are given. The most common are as follows:
Rule 1 - s.6(1)provides that there must be joint-ownership. This is rather self-explanatory but the mere fact that persons may be joint-tenants or have part ownership do not in themselves create a partnership. Typically, where the rules below point towards a partnership, such would generally satisfy this rule.
Danish may refer to:
Danish pastry or just Danish (especially in American English) is a multilayered, laminated sweet pastry in the viennoiserie tradition. The concept was brought to Denmark by Austrian bakers and has since developed into a Danish specialty. Like other viennoiserie pastries, such as croissants, Danish pastry is a variant of puff pastry made of laminated yeast-leavened doughs, creating a layered texture.
Danish pastries were exported by immigrants to the United States, and are today popular around the world.
Danish pastry is made of yeast-leavened dough of wheat flour, milk, eggs, sugar and large amounts of butter or margarine.
A yeast dough is rolled out thinly, covered with thin slices of butter between the layers of dough, and then the dough is folded and rolled several times, creating 27 layers. If necessary, the dough is chilled between foldings to ease handling. The process of rolling, buttering, folding and chilling is repeated multiple times to create a multilayered dough that becomes airy and crispy on the outside, but also rich and buttery.
Danish (/dɑːnɪʃ/; Persian: دانش), also spelled Danesh or Daniş, is a male given name, it may refer to:
In Persian and Urdu, Danish means "intelligent". It is a popular Muslim name in the Indian subcontinent. In the Sanskrit language, Dan is "to give", and Ish is "God", a Hindu name. "Dan+ish" is "God who gives" (cf. Theodore in Greek, Godiva in Old English, and Nathaniel in Hebrew). Refer Danvir Karan in Mahabharata Also means belonging to the Danes, Danish people from Denmark