Business Studies, asked by d1305ance, 1 month ago

what is partnership features and its advantages and disadvantage ?

Answers

Answered by gourinandha21

Answer:

Easy to form: A partnership firm can be formed without any legal formalities and expenses. Even if the fum is to be registered, the expenses are not much compared to company form of organization. 2. Access to more capital: A firm consists of more than one person.

Explanation:

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