Question

To enquire into the profile of five partnership firms

Answer 1

HEY MATE!!

YOUR ANSWER HERE..

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Business is considered to be an economic activity because it is undertaken with the objective of earning money or livelihood and not b'coz of love,affection, or any other sentimental reason....This is known as economic activity.

Partnership Firms in India are governed by the Indian Partnership Act, 1932


There are 5 elements which constitute of a partnership namely:
(1) There must be a contract;
(2) between two or more persons;
(3) who agree to carry on a business;
(4) with the object of sharing profits and (5) the business must be carried on by all or any of them acting for all.

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HOPE HELPS:)

@ANANYA-RATHEE

Answer 2

Answer:

ya fine but I want answer of two pages