मराठी

Statement I: A partnership is a voluntary association of two or more persons who agree to carry on some business jointly and share its profits and losses. - Commercial Applications

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प्रश्न

Statement I: A partnership is a voluntary association of two or more persons who agree to carry on some business jointly and share its profits and losses.

Statement II: The persons who enter into partnership are individually called ‘partners’ and collectively called ‘firm’.

पर्याय

  • Only I is correct.

  • Only II is correct.

  • Both I and II are correct.

  • Both I and II are wrong.

MCQ
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उत्तर

Both I and II are correct.

Explanation:

  • Statement I accurately defines partnership as a voluntary association of two or more persons who agree to carry on some business jointly and share its profits and losses.
  • Statement II correctly identifies that the persons who enter into a partnership are individually called 'partners' and collectively called ‘firm’.
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पाठ 3: Ownership Structures - Partnership - EXERCISES [पृष्ठ ३९]

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सी. बी. गुप्ता Commercial Applications [English] Class 9 ICSE
पाठ 3 Ownership Structures - Partnership
EXERCISES | Q I. 1. | पृष्ठ ३९
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