Question

What Do You Mean By Partnership Firm?​

Answer 1

Answer:

A partnership is formed when two or more individuals come together to start a business with a set of terms and conditions. These terms and conditions govern the relationship between the partners who have a motive of making profit. The partners have unlimited liability.

Explanation:

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Answer 2

Explanation:

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A partnership is formed when two or more individuals come together to start a business with a set of terms and conditions. These terms and conditions govern the relationship between the partners who have a motive of making profit. The partners have unlimited liability.