Question

What is partnership? (Answer in one sentence)

Answer 1

The partnership between the two men was going along smoothly they had just pooled the money between the two of them and paid the deposit for the building that would house their second store.

Answer 2

Answer:

As per the question,

Partnership :

A Partnership is a relationship where two or more parties, having compatible goals, form an agreement to share the work , share the risk and share the results or proceeds.

Partnership implies the sharing of decision making, risks, power, benefits and burdens . It should add value to each partners respective services, products or situations