Question

What is a partnership buisness

Answer 1

Hello dear your answer



agreement between two or more person to carry on business jointly and share its profit is called the partnership business...


Or you can write this


A legal form of business operation between two or more individuals who say management and profit is called partnership business.





Thanks!!!!!

Answer 2

HERE IS YOUR ANSWER..⤵⤵

PARTNERSHIP BUSINESS ➡

▶According to the Indian Partnership Act, 1932 : Partnership is the relation between persons who have agreed to share the profit of the business carried on by all or any one of them acting for all.

▶According to L.H.Haney : Partnership is the relation between persons competent to make contracts who have agreed to carry on a lawful business in common with a view to private gain.

✝✝..HOPE IT HELPS YOU..✝✝