Accounting · Partnership
The essential characteristics of a partnership firm include which of the following?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1All of the above✓
- 2Carrying on a business with a motive to share profits
- 3An agreement (oral or written) between the partners
- 4Association of two or more persons
Correct answer
All of the above
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