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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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Placed an order with Mani for supply of goods worth Rs.5000/-. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?
Audit 
