Business Studies, asked by shabanachhawniwala, 7 months ago

clarify the difference between sole proprietor and partenership firm (Any 3 points)

Answers

Answered by radhika6719

Explanation:

Key Differences Between Sole Proprietorship and Partnership

Indian Partnership Act 1932 governs the Partnership whereas there is no specific statute for Sole Proprietorship. The owner of sole proprietorship business is known as the proprietor, while the partners are the members and legal owners of the partnership firm.

Previous Question

Next Question

Similar questions

Math, 3 months ago

please answer this table...

CBSE BOARD X, 3 months ago

- अधोलिखितानि वाक्यानि पठन्तु अवगच्छन्तु च- 0 विद्यालयम् अभितः वृक्षाः सन्ति। (ii) अलं विवादेन (ii) गणेशाय नमः। (iv) परिश्रमात् विना ज्ञानं न भवति। (v) वृक्षस्य अध: बालक: क्रीडति। (vi) स: कलायां निपुणः अस्ति।...

Math, 3 months ago

10. 20 रु. प्रति वर्ग मीटर की दर से 2.8 मीटर व्यास वाले एक वृत्ताकार जमीन के ईंट सोलिंग 22 कराने का व्यय ज्ञात कीजिए। | n= 1 C A...

Political Science, 7 months ago

What is preamble of the constitution? Explain the main philosophy of our Constitution.

English, 7 months ago