Question

Mr. Jumbo a Chartered Accom
orofession running a firm namely 'Buildsheet' in Nagpur.
oy profession and Mrs. Timbo, an Architect by
- Identify business in above examples.
ii) comment on it.
ji) which two professions are mentioned here.​

Answer 1

(1) Identify business in above example.

Ans: Partnership firm

(2) Comment on it?

Ans: It is a voluntary association of two persons with a common objective in mind.

(3) Which two professions are mentioned here?

Ans: A Chartered Accountant and an architect