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Answer in one sentence only. What is the minimum number of partners in a partnership firm according to Indian Partnership Act 1932? - Book Keeping and Accountancy

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Question

Answer in one sentence only.

What is the minimum number of partners in a partnership firm according to Indian Partnership Act 1932?

One Line Answer

Solution

Minimum two persons are required number of partners in a partnership firm according to Indian Partnership Act 1932.

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Chapter 1: Introduction to Partnership and Partnership Final Accounts - Exercise 1.1 (Objective Questions) [Page 53]

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Balbharati Book Keeping and Accountancy [English] 12 Standard HSC Maharashtra State Board
Chapter 1 Introduction to Partnership and Partnership Final Accounts
Exercise 1.1 (Objective Questions) | Q I. F. 9) | Page 53

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