Business Studies, asked by sneha12sagar, 5 months ago

what do you mean by enter patnershipo​

Answers

Answered by Anonymous
1

Answer:

A partnership is a formal arrangement by two or more parties to manage and operate a business and share its profits. ... In particular, in a partnership business, all partners share liabilities and profits equally, while in others, partners have limited liability.

OR

The definition of a partnership is a relationship between two or more individuals. An example of a partnership is two businesses working together. An example of a partnership is a marriage. ... A business that has two or more owners who agree to share profits and are liable for any debts or losses.

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