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Earn +20 ptsQ: Classes of partnership
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What are classes of partnership?
like business , we can give many other examples in our life which we are the classes of partnership
Is business partnership is expanding?
business partnership is expanding.\
Is a partnership firm has any legal entity?
No, a partnership firm has no legal entity. Registering the partnership firm means registering the partnership relation. firm has no separate legal entity.
Is Partnership comes to an end when a partner resign from partnership?
Partnership has a limited span of life, so if one partner will resign the partnership will be dissolved.There will be some changes or adjustments to be made by the remaining partners.
Can a partnership be a shareholder in company?
No a partnership cannot be a share holder in a company
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