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Can you explain the answer of this question below:
 Which of these is a valid partnership?
  • A:
    Partnership between two Joint Hindu Families
  • B:
    Partnership between two firms
  • C:
    Partnership between a firm and a Joint Stock Company
  • D:
    One major and one minor person
The answer is c.
Verified Answer
Can you explain the answer of this question below:Which of these is a ...
Correct Answer :- c
Explanation : In a Partnership firm, the maximum number of members is 20 in general business and 10 in banking firms. In a Joint Stock Company, the maximum number of members is 50 in a private company and there is no maximum limit in a public company.
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Most Upvoted Answer
Can you explain the answer of this question below:Which of these is a ...
Option c is correct because of some reasons
1. option one is wrong because jhfm can't be firm partnership
2.option two is also wrong because it's called amortization of firms
3 option third is correct because these two are different Identity
Community Answer
Can you explain the answer of this question below:Which of these is a ...
Answer is B
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Can you explain the answer of this question below:Which of these is a valid partnership?A:Partnership between two Joint Hindu FamiliesB:Partnership between two firmsC:Partnership between a firm and a Joint Stock CompanyD:One major and one minor personThe answer is c.
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