what is partnership ? write three characteristics
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Answered by
1
Hiiii guys....... A partnership is an arrangement where parties, known as partners, agree to cooperate to advance their mutual interests.
characteristics of partnership
A partnership is an unincorporated association of two or more individuals to carry on a business for profit.
Many small businesses, including retail, service, and professional practitioners, are organized as partnerships.
A partnership agreement may be oral or written.
Hope u find helpful
characteristics of partnership
A partnership is an unincorporated association of two or more individuals to carry on a business for profit.
Many small businesses, including retail, service, and professional practitioners, are organized as partnerships.
A partnership agreement may be oral or written.
Hope u find helpful
Anurag988:
thanks
its okkk
Answered by
5
A partnership is an unincorporated association of two or more individuals to carry on a business for profit
1) Limited life
2)Ease of formation
3) Management structure and operations
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