Question

explain partnership

​

Answer 1

hello dear ❤️

$\huge\bold\pink\bigstar{Answer}$

A partnership is a formal arrangement by two or more parties to manage and operate a business and share its profits. There are several types ofpartnership arrangements. In particular, in apartnership business, all partners share liabilities and profits equally, while in others, partners have limited liability.

I hope it helps you dear ❤️

Answer 2

Answer:

Here is your answer.....

A partnership is a kind of business where a formal agreement between two or more people is made and agreed to be the co-owners, distribute responsibilities for running an organization and share the income or losses that the business generates.

Hope its helpful to u....

thank u.....