Answer: The answers are provided below.
Explanation:
A partnership is an arrangement that involves two or more persons combining some or all of their skills, resources, or industry in common in order to make profit that will be shared by the partners. The forms of partnership include limited partnership, non-trading partnership, and commercial partnership.
To register a partnership in Ghana, a copy of partnership agreement and a statement that is signed by all partners must be submitted to the Register General’s Department. The agreement must state the particulars of the name of the partnership, the nature of business, the address of the principal place of business and every other places in Ghana where the business is carried on, the names and addresses and occupations of the partners, the date of commencement, and the particulars of any charges requiring registration. Upon registration, the Registrar will issue a certificate of incorporation that states the names of the partners and that their liability is unlimited.
The grounds upon which a Registrar can lawfully refuse to register a partnership in Ghana include:
1. If the Registrar is not satisfied with the particulars or other information furnished under the provisions of the LLP Act.
2. if the name is identical to the names of other partnership or business.
3. If it is undesirable
4 . If the name is identical to a name which is being reserved under this section, Business Names Act or laws that are relating to Companies.
5. A name of a kind which the Minister has, by written notice, told the Registrar not to accept for registration.
