The feature of a Partnership Firm is
The feature of a Partnership Firm is
a) Two or more persons carrying common business under an agreement.
b) Profit and losses are shared in an agreed ratio or as provided in the Partnership Act, of 1932.
c) Business is carried on by all or any of them acting for all.
d) All of the above.
Anurag Pathak Changed status to publish April 9, 2023
Ans – d)
Explanation:-
A partnership, thus, is a business relationship between/among two or more persons to share profits and losses of the business, carried on by all or any of them acting for all.
Anurag Pathak Changed status to publish April 4, 2023
