English, asked by shoaibdilbar456, 6 months ago

DIFFERENCE BETWEEN COMPANY
AND PARTNERSHIP

Answers

Answered by kitty3826

4

Answer:

The members of the partnership firm are called partners whereas the members of company are called shareholders. ... A partnership firm is not a separate legal entity from its partners whereas a company is a separate legal entity. Partners have unlimited liability whereas shareholders have limited liability.

Explanation:

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