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What are the minimum and maximum number of members in the partnership concern? - Commerce

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प्रश्न

What are the minimum and maximum number of members in the partnership concern?

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उत्तर

Since partnership is the outcome of an agreement, the minimum number of persons required to form a partnership is two. Maximum is restricted to 10 in the case of banking business and to 20 in all other cases.

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Meaning, Definition and Features of Partnership
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 5: Hindu Undivided Family and Partnership - Exercises [पृष्ठ ४५]

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सामाचीर कलवी Commerce [English] Class 11 TN Board
अध्याय 5 Hindu Undivided Family and Partnership
Exercises | Q III. 6. | पृष्ठ ४५
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