Business Studies, asked by Aiyazahmad, 10 months ago

what do you mean by Partnership?​

Answers

Answered by bavani57
7

Heya mate!..

Partnership is a relationship between two people mainly in a business or an organization..

Hope it helps..

Mark as brainliest plzz ❣️


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Sanjeevliv: take care my sis
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bavani57: why are you talking with me so nicely?
bavani57: and why should i thank u?
Sanjeevliv: I am tal.king nic.ely coz I am fan of S R K
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bavani57: Very good
bavani57: U should think this before..
bavani57: if u r true fan tell me whether u have copy pasted or not?
Answered by Sanjeevliv
6

Hey friend, keep spending love like SRK do.

__________

Ans) A partnership is a form of business where two or more people share ownership, as well as the responsibility for managing the company and the income or losses the business generates. That income is paid to partners, who then claim it on their personal tax returns – the business is not taxed separately, as corporations are, on its profits or losses.

There are three types of partnerships:

General partnership

Limited partnership

Joint venture

__________

#SRKfan


bavani57: u have copy pasted it from internet right?
Sanjeevliv: ???
bavani57: what?
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