Accountancy, asked by praveenagovindraj, 6 months ago

what is meant by partnership

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Answered by ys516612
0

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

Explanation:

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Answered by gantadivyanshi
1

A partnership is a formal arrangement by two or more parties to manage and operate a business and share its profit

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