CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Following differences have arisen among P,Q and R. State who is correct in following case:
P and Q want to purchase goods from A Ltd., R does not agree?

Open in App
Solution

Partnership is relation between 2 or more persons sharing profits of the business carried on by them. It is based on a mutual relationship and understanding.
For every decision regarding the partnership business,every partner need to give his/her consent to that effect.If any of the partner disagrees ,then it cannot be enforced.
So, Without the consent of R, P and Q cannot purchase goods from A Ltd.

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Properties of GP
MATHEMATICS
Watch in App
Join BYJU'S Learning Program
CrossIcon