Accountancy, asked by RiyaGungun, 3 months ago

What is Meant by Partnership..??​

Answers

Answered by Anonymous
31

Answer:

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

Answered by vishalverma5690
9

Answer:

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

Explanation:

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