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Forms of Business Organisation-1 — OCM STD 11 Commerce — Question

Gujarat BoardEnglish MediumSTD 11 CommerceOCMForms of Business Organisation-12 Marks
Question
Give defination of partnership according to partnership Act $1932.$
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Answer

According to partnership Act, $1932$, “Partnership is a relation between people who have agreed to share the profit of the business which is run by all or one on behalf of all.

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