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The object of a partnership firm is ______ -

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Question

The object of a partnership firm is ______

Options

  • To earn profit

  • Social welfare

  • Welfare of members

  • None of these

MCQ
Fill in the Blanks

Solution

The object of a partnership firm is the Welfare of members.

Explanation:

A partnership firm is formed when two or more people join forces to start a business and split the earnings.

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