Accountancy, asked by yashvendra26, 1 year ago

Ajay and ashish decided to run a clinic in slum area providing free medical service and also distributes medicines free of cost. both of them decided to contribute ₹ 1, 00, 000 each as initial corpus. should they enter into partnership agreement? Give reasons. ​

Answers

Answered by preethisara
12

no they should not enter into partnership bcoz

partnership is for doing business for common gain

though they both r contributing it is not business but a npo.

the sole purpose of business is profit. but not in npo. therefore i recommend that partnership is not possible in this case

hope it helps you

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