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Partnership is formed as a result of ______. - Business Studies

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प्रश्न

Partnership is formed as a result of ______.

विकल्प

  • License from Government

  • A central Legislation

  • An Agreement among Individuals

  • None of these

MCQ
रिक्त स्थान भरें
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उत्तर

Partnership is formed as a result of an agreement among individuals.

Explanation:

A partnership is created when two or more people agree to run a business together and share the profits and losses.

  • This agreement might be oral or written (the written form is known as a Partnership Deed).
  • It is controlled by the Indian Partnership Act (1932).
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अध्याय 17: Various Business Entities - EXERCISES [पृष्ठ २५३]

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गोयल ब्रदर्स प्रकाशन Business Studies [English] Class 12 ISC
अध्याय 17 Various Business Entities
EXERCISES | Q I. A. 7. | पृष्ठ २५३
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