Accountancy, asked by ravidass2761978, 4 months ago

1. Which of the following is not on essential element of a partnership?
(a) At least two persons.
(6) There is an agreement between all partners.
(c) Partnership agreement is for a business.
(d) Equal share of profits and losses,​

Answers

Answered by anushka8690
0

Answer:

c Partnership agreements is for a business

Explanation:

Not sure

Answered by Aarushpandey09
2

Answer:

Section 4 of the Indian Partnership Act, 1932 defines partnership as a 'relation between persons who have agreed to share the profits of a business carried on by all or any of them acting for all'. The essential features of partnership are:

1. Two or more persons

2. Agreement

3. Business

4. Mutual Agency

5. Sharing of Profit

6. Liability of Partnership

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