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Question

Two features you may notice in a partnership firm?


A

1. Credit

2. Limited Resources

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B

1. Risk of the business

2. Profit or Losses

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C

1. Possibility of Conflicts

2. Debit

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D

None of the above

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Solution

The correct option is B

1. Risk of the business

2. Profit or Losses


1. Risk of the business

2. Profit or Losses

These two features are shared by the partners in the same ratio.


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