English

A partnership firm is a trading concern. - Book Keeping and Accountancy

Advertisements
Advertisements

Question

A partnership firm is a trading concern.

Options

  • True

  • False

MCQ
True or False
Advertisements

Solution

This statement is True.

Explanation:

A partnership firm can be started as a trading concern that is involved in the buying and selling of goods and services with a maximum limit of 10 partners. Hence, the above statement is true.

shaalaa.com
  Is there an error in this question or solution?
Chapter 1: Introduction to Partnership - Exercise 4 [Page 14]

APPEARS IN

Micheal Vaz Book Keeping and Accountancy [English] 12 Standard HSC Maharashtra State Board
Chapter 1 Introduction to Partnership
Exercise 4 | Q 2 | Page 14
Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×