Question

Explain the Characteristics of partnership Firm ?​

Answer 1

Answer:

hope it helps....

Explanation:

Features of Partnership Firm – 7 Main Features: Two or More Persons, Agreement, Lawful Business, Sharing of Profits, Mutual Agency and a Few Others. The main features of partnership firm are as follows: 1. ... There must be at least two persons to form a partnership.

Answer 2

heya mate...... ✌

Answer:

the Characteristics of partnership Firm are-------

• 1. Two or More Persons
• 2. Agreement
• 3. Lawful Business
• 4. Registration
• 5. Profit Sharing
• 6. Agency Relationship
• 7. Unlimited Liability
• 8. Not a Separate Legal Entity
• 9. Transfer of Interest
• 10. Mutual Trust and Confidence
• 11. Number of Partners
• 12. Profit Sharing
• 13. Principal-Agent Relationship
• 14. Joint Ownership
• 15. Ownership and Control
• 16. Registration
• 17. Duration
• 18. Capital and a Few Others.

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