Question

5. What is the minimum number of persons required to be in partnership business? A) Two persons B) Three Persons C) Four Persons D) None of the above Gardening in your garden​

Answer 1

Answer:

A)two persons

Explanation:

there should be more than two or two persons in patnership business because of course partner means two or more

Answer 2

The minimum number of people required to start a partnership business is two.

Explanation:

1. A partnership business can be described as the form of business that is formed when two or more people come together on a voluntary basis to carry out the operations of a business.
2. These people also decide to share the profits, losses, and risks associated with the business together.
3. A partnership business is based on mutual respect and trust.
4. Registration of a partnership business is not compulsory but a written agreement to avoid future conflicts in future known as partnership deed is advisable.