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Which of the following is the characteristic of a partnership firm? -

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Question

Which of the following is the characteristic of a partnership firm?

Options

  • Two or more persons are carrying common business under an agreement.

  • They are sharing profits and losses in a fixed ratio.

  • Business is carried by all or any of them acting for all as an agent. 

  • All of the above

MCQ

Solution

All of the above

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