define partnership discuss it's merits and limitations
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Meaning: - Partnership is a voluntary association of two or more people who contributes skill and time for carrying on a lawful business for their benefits. It is the second stage in the evaluation of commercial organization. ... The liability of the partner is joint several and unlimite
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Partnership is a voluntary association of two or more people who contributes skill and time for carrying on a lawful business for their benefits. It is the second stage in the evaluation of commercial organization. ... The liability of the partner is joint several and unlimited.
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