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Write the word/phrase/term, which can substitute the following sentence. An association of two or more persons according to the Indian partnership Act 1932. - Book Keeping and Accountancy

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Question

Write the word/phrase/term, which can substitute the following sentence.

An association of two or more persons according to the Indian partnership Act 1932.

One Word/Term Answer

Solution

An association of two or more persons according to the Indian partnership Act 1932 - Partnership Firm

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Provision of the Indian Partnership Act 1932
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Chapter 1: Introduction to Partnership and Partnership Final Accounts - Exercise 1.1 (Objective Questions) [Page 51]

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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. B. 3) | Page 51

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