Скачать или смотреть What is Partnership - Explained with Animated Examples

The meaning of partnership is an association of two or more persons who are jointly run the business with the aim to earn a profit. In partnership, partners agree to share the profit as well as loss in the business. This type of business removes the problem of a sole proprietorship. The partnership firm of business is governed by the Indian Partnership Act 1932.

Definitions of partnership:
The partnership is the relation between two or more persons who have agreed to share the profits of the business carried on by all or any of them acting for all.

– The Indian Partnership Act, 1932

Please check out our full article: -
https://tutorstips.com/meaning-of-par...

!--------Our Website link---------!
https://tutorstips.com/
https://tutorstips.in/

!--------Check Business Studies Playlist--------!
   • Business Studies Class 11 CBSE PSEB ISC  

!--------Check Economics Playlist--------!
   • Economics Class 11 CBSE PSEB ISC  

!--------Check Financial Accounting Playlist--------!
   • Financial Accounting Class 11 CBSE PSEB ISC  

!--------Like our Fb page---------!
  / tutorstips  

!--------Follow us on Instagram-------!
  / tutorstips  

!--------Follow us on Twitter--------!
  / tutors_tips  

Thanks for all your love n support.
For any other details email - [email protected]

Our partner
https://www.freepik.com/
https://www.flaticon.com/

#FreeOnlineTuition #Class11 #BusinessStudies