Definition of partnership
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Answer / satyaki_raju@yahoo.com
Mr naveen you have to define the partnership
let me say something about partnership
A legal contract entered into by two or more like
minded persons in which each person agrees to contribute
and participate in the business and by which each shares a
fixed portion of profit or loss
Is This Answer Correct ? | 9 Yes | 0 No |
Answer / anamika sheoran
two or more than two ndividuals start the business with to
invest capital for earn the profit.they handle the business
risk and divided the profit and loss.
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / naveengokarapu@gmail.com
Two or more individuals brought capital into a business is
called Partnership business.
partners in a partnership business Min 2
Max 19
Is This Answer Correct ? | 1 Yes | 1 No |
Answer / triloksharma71
"Partnership" is the relation between persons who have
agreed to share the profits of a business carried on by all
or any of them acting for all.
Persons who have entered into partnership with one another
are called individually "partners" and collectively
a "firm", and the name under which their business is
carried on is called the "firm name".
Is This Answer Correct ? | 1 Yes | 1 No |
Answer / divya ostwal
The relationship between persons who have agreed to carry
on a business in common with a view to private gain..
Is This Answer Correct ? | 0 Yes | 1 No |
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