In1988at the Michigan State University the department of Geography was turned into the department of Geography and Economics. The Economic faculty was added to the Geography department and in1994it was transformed into the department of Economics. It is very popular with school-leavers and every year about150applicants for entry become students of the department. So now more than1,500students study here. The department offers a number of specialities:
Partnership, in law, term applied to an association of two or more persons who have agreed to combine their labor, property, and skill, or some or all of them, for the purpose of engaging in lawful business and sharing profits and losses between them; in this definition the term business includes every trade, occupation, and profession. The parties forming such an association are known as partners. Partners may adopt a fictitious name or use a real family name.