who is called a partner in commerce
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Answer: A partnership is an agreement between two or more persons to share profits and losses of the firm. According to Section 4 of the Indian Partnership Act, 1932, “Partnership is the relation between persons who have agreed to share profits of a business carried on by all or any one of them acting for all.”
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A partnership is an agreement between two or more persons to share profits and losses of the firm . According to section 4 of the Indian Partnership Act, 1932 , " Partnership is the relation between persons who have agreed to share profits of a business carried on by all or any one of them acting for all"
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