Question

What are the features of partnership firm?

Answer 1

Hey mate here is your answer:-

The features of partnership firm are:-

1] AGREEMENT
2]NATURE OF AGREEMENT
3]COMPETENCE TO ENTER INTO CONTRACT
4]NUMBER OF PARTENER
5]PRESENCE OF BUSINESS
6]SHOWING OF PROFITS AND LOSS
7]ENTITY
8]REGISTRATION
9] UNLIMITED LIABILITY
10]CO-OPERATION
11]PARTENER ARE AGENTS

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