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Question
Select the proper option from the options given below and rewrite the completed sentence.
At least ________ persons are required to form a partnership firm.
Options
two
one
three
MCQ
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Solution
At least two persons are required to form a partnership firm.
Explanation:
A partnership is not meant for one person. It involves an agreement between two or more persons. Under partnership, two or more person comes into contact which each other and agrees to share profit or loss equally or in some decided ratio.
shaalaa.com
Registration of a Partnership Firm
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