Business Studies, asked by chennavani8152, 1 year ago

Difference between association of persons and partnership firm

Answers

Answered by ishika161

if in the above case, person and company engaged in a business and they dont knw wat type of business they are doing then this is known as ASSOCIATION OF PERSONS.

and if two or more persons are registered as a partners of a firm, then this is known as PARTNERSHIP FIRM.

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