Question

Umesh
and
Rames h
are
running
a
confectionery
shop
in
a
club.
Both


have
invested
a
capital
of
Rs
10
lakh
each.
They
share
profit
and
losses
in
an
equal
ratio.

a)

Identify
the
for m
of
business
organization
under
which


Umesh
and
Ramesh



have
promoted
their
business.


(b)

State


and
mention
any
three
features
of
this
form
of


business
organization.​

Answer 1

Explanation:

please give the answer for thise questions