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प्रश्न
Which of the following statements regarding partnership is incorrect?
विकल्प
Secrets are known to partners.
Coordination between partners is not required.
Ownership is shared by partners.
Agreement is essential.
MCQ
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उत्तर
Coordination between partners is not required.
Explanation:
Partnership is an agreement between two or more persons to carry on a lawful business and share its profits. It requires mutual trust, cooperation, and coordination among partners to function effectively. Coordination is essential for smooth operation and decision-making in the partnership.
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