Question

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

Answer 1

Answer:

If you purchase property in your own name, it is bought as a Natural Person. ... When purchasing property in a Partnership, all partners enter into the contract as Natural Persons. A Trust is not a separate legal entity or personality, although contracts are concluded in the name of the trust (represented by the trustees).

Answer 2

Answer:

no

Explanation:

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