Advertisements
Advertisements
Question
Define Partnership.
Short Note
Solution
According to Prof. Haney, “The relations which exist between persons, competent to make contracts, who agree to carry on a lawful business in common with a view to private gain”.
shaalaa.com
Meaning, Definition and Features of Partnership
Is there an error in this question or solution?
APPEARS IN
RELATED QUESTIONS
Who is called a Partner?
What are the minimum and maximum number of members in the partnership concern?
In the absence of a partnership deed, profits of the firm will be shared by the partners in _____________.
Define partnership.
What is a partnership deed?
State the features of partnership.
State any six contents of a partnership deed.