Description: A quick introduction to Public-Private Partnership, What is Public Private Development Partnership?, Benefits of Public-Private-Partnership model in initial phases, Module 1: Public-Private Partnership (PPP) Concept, Benefits and Limitations
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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 th
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: