Accountancy, asked by vinaynoticewala, 8 months ago

characteristics of partnership??

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Answered by Anonymous

3

Nine Characteristics of partnership

Existence of an agreement: Partnership is the outcome of an agreement between two or more persons to carry on business. ...
Existence of business: ...
Sharing of profits: ...
Agency relationship: ...
Membership: ...
Nature of liability: ...
Fusion of ownership and control: ...
Non-transferability of interest:

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