Business Studies, asked by azamkhan0691, 6 months ago

write the definition of partnership

Answers

Answered by subhadraanand17

Explanation:

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

Answered by anshupriya748823

Answer:

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

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