Amman, Namman , Dhavaan , are three friends just passed their BBA exams now , they are planning to start a new business . Amman, Namman are interested to start the business in the form of partnership firm but Dhavaan suggests that they should start as a company. Amman, Namman consulted with some of their seniors and come to a conclusion that it’s better to start with a partnership firm keeping all the factors in mind. a. Suggest certain points which can differentiate between the two form of business that is partnership and company and on the basis of such points give the conclusion that it’s better to start as a partnership firm. (5 Marks) b. Suppose, Namman also agrees , that let’s start with the partnership firm and design the partnership deed first , what should be the various clauses that should be incorporated in the partnership deed by them.