aman and raman are childhood friends aman is a consultant by raman is an architect they contributed equal amount and purchased the building for rupees 2 crores . after a year they sold it for rs3 crores and shared the profit equally. aman and raman both are happy with this deal. identify the feature of business which is being highlighted here?
please don't spam please
Answers
Answered by
1
Answer:
No, they are not doing business.
Business is supposed to continue for long time according to going concern concept. in case of ritesh and hitesh they come together for a specific purpose so they are part of joint venture which dissolve after purpose is served.
Answered by
0
Answer:
buying and selling is the feature of business mentioned here
Explanation:
...
Similar questions