Advertisements
Advertisements
प्रश्न
State whether the following statement is True or False with reasons.
Partnership firm is a Non-Trading Concern.
पर्याय
True
False
MCQ
चूक किंवा बरोबर
Advertisements
उत्तर
Partnership firm is a Non-Trading Concern. - False
Explanation:
The main aim of the partnership firm is to earn maximum profit. The partnership is a trading concern. It undertakes either manufacturing or distributive activities with the sole aim of earning profit and distribute that profit among the partners in a specific ratio. It is never formed for charitable purposes.
shaalaa.com
या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 1: Introduction to Partnership and Partnership Final Accounts - Exercise 1.1 (Objective Questions) [पृष्ठ ५१]
