Accountancy, asked by shofiaanjum, 11 months ago

explain four characteristics of partnership deed

Answers

Answered by Anonymous

0

Explanation:

Existence of an agreement: Partnership is the outcome of an agreement between two or more persons to carry on business. ...

Existence of business: ...

Sharing of profits: ...

Agency relationship: ...

Membership: ...

Nature of liability: ...

Fusion of ownership and control: ...

Non-transferability of interest:

Answered by kumarisimran601

0

Explanation:

two or more persons
agreement
lawful business
profit sharing

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