Mega firm can be described as a partnership firm with
1) more than 15 partner
2)more than 30 partner 3)more than 25 partner 4)more than 21 partner
Answers
Answered by
4
Answer:
more than 30 partners near about 50
Answered by
1
Answer:
Mega firm described as a partnership firm with more than 30 partner.
Explanation:
Irrespective of the type, funding of the firm the minimum number of partnerships is equal to two. However, the maximum number of partnerships can vary. Mega firms with high funding can have partners more than 30 sometimes close to 50.
The Partnership act states that there is no upper limit of number of a partnership but, the Companies Act passed in 2013 states that the number of partners should be less than 100. But, the government enforced this value as 50 as of now.
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