Question

Difference between partnership and sole proprietorship business on the basis of membership.​

Answer 1

Answer:

Membership: Partnership is owned by two or more persons subject to the limit of ten in banking business and fifty in case of other business. Sole proprietorship is owned by one and only one person.

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Answer 2

Answer:

1. Membership: Partnership is owned by two or more persons subject to the limit of ten in banking business and fifty in case of other business. Sole proprietorship is owned by one and only one person.