Question

Partnership is an association of two or more persons. (State True or False)

Answer 1

heya !

Question -

Partnership is an association of two or more persons. (State True or False)

Answer -

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hope this helps you!

Answer 2

Answer:

True, partnership is an association of two or more persons.

Explanation:

A partnership is an association of two or more persons who carry on as co-owners of a business for profit. Not only profit the partners also share management. The partnership firm is not a legal entity which means that partners are personally liable for its debts.