Question

1. Define Partnership.discuss its merits and limitations​

Answer 1

Answer:

partnership is something in which two or more people invest the money and take their shares. it's merit is business can increase its profit. limitations is one can cheat n take all the money away

Answer 2

Answer:

any work or any idea which involves more than 1 people with investment is called partnership

ex:A school is done with the investment of chairman the principal and many other ppl

merits

Many new opportunities

Different Ideas .........