Accountancy, asked by jeevankumarkalap, 2 months ago

1) A partnership firm has
a) Limited Capital
b) Limited Managerial Skill
c)Limited Liability
d) Both (a) and (b)​

Answers

Answered by devivarun8535
3

Answer:

I think b) Limited managerial skill

Answered by bhoomipanwar002
0

Answer:

1) A partnership firm is not a legal entity apart from the partners constituting it. It has limited identity for the purpose of tax law as per section 4 of the Partnership Act of 1932. 2) Partnership is a concurrent subject.

Explanation:

i hope it will be helpful

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