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P1 C1 INTRODUCTION OF PARTNERSHIP — Elements of Account STD 12 Commerce — Question

Gujarat BoardEnglish MediumSTD 12 CommerceElements of AccountP1 C1 INTRODUCTION OF PARTNERSHIP1 Mark
Question
What is partnership?
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Answer

Partnership is the relation between the persons who have agreed to share the profit of a business carried on by all or any one of them acting for all.

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