Features of partnership.
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The main features of partnership firm are as follows:
Two or More Persons: There must be at least two persons to form a partnership. ...
Agreement: ...
Lawful Business: ...
Sharing of Profits: ...
Mutual Agency (i.e., Principal Agent Relationship): ...
No Separate Legal Existence: ...
Unlimited Liability:
Answered by
3
Answer:
The main features of partnership firm are as follows:
Two or More Persons: There must be at least two persons to form a partnership. ...
Agreement: ...
Lawful Business: ...
Sharing of Profits: ...
Mutual Agency (i.e., Principal Agent Relationship): ...
No Separate Legal Existence: ...
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