Accountancy, asked by nafrinfathima069, 5 months ago

In partnership firm examined as an individual alegal entity?

Answers

Answered by iamvanshika53
0

Answer:

The Indian Partnership Act 1932 states partnership as the 'association between an individual who has agreed to share the profits of an enterprise carried on by every partner. ... A partnership enterprise has no distinct legal entity, apart from the partners comprising it.

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