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Explain the following term/concept: Partnership Firm. - Organisation of Commerce and Management

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प्रश्न

Explain the following term/concept:

Partnership Firm.

टीपा लिहा

उत्तर

  1. It is a voluntary association of two or more persons With a common objective.
  2. It is formed by an agreement called Partnership deed.
  3. It is governed by the Indian Partnership Act, 1932.
  4. Registration of partnership firm is optional as per the Partnership Act, 1932.
  5. In Maharashtra, registration of partnership firm is made compulsory
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Partnership Firm
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पाठ 4: Forms of Business Organisation - 1 - EXERCISE [पृष्ठ ९२]

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बालभारती Organisation of Commerce and Management (OCM) [English] 11 Standard Maharashtra State Board
पाठ 4 Forms of Business Organisation - 1
EXERCISE | Q 2. 2) | पृष्ठ ९२
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