Advertisements
Advertisements
Question
What are the minimum and maximum number of members in the partnership concern?
Short Note
Solution
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.
shaalaa.com
Meaning, Definition and Features of Partnership
Is there an error in this question or solution?
