Business Studies, asked by silnamujeeb03, 1 month ago

Define partnership. Explain the type of partners​

Answers

Answered by siddhartharajkotha
0

Answer:

The state of being a partner or partners.

"we should go on working together in partnership"

Explanation:

A partnership is an arrangement between two or more people to oversee business operations and share its profits and liabilities. In a general partnership company, all members share both profits and liabilities. ... There may be tax benefits to a partnership compared to a corporation.

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