Accountancy, asked by Anonymous, 19 days ago

A partnership can own asset in his own name...?

Answers

Answered by AllenGPhilip

2

Answer:

Explanation:

A partnership cannot own any asset on its own name because it has no separate legal entity so it cannot own any asset

Can hold in the name of partners

Answered by Anonymous

0

Explanation:

A partner ship cannot hold any asset

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