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Explain difference between partnership and cooperative …

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Explain difference between partnership and cooperative society ?

Posted by Mansi Asati 7 years, 4 months ago

CBSE > Class 11 > Business Studies

1 answers

Shashi Ramachandran 7 years, 4 months ago

1.Registration not compulsory in partnership.

Registration is compulsory in cooperative society

2. Earning profit is main motive of partnership

welfare of the members is a motive of cooperative society

3.unlimited liability in partnership

Limited liability in case of cooperative society

1Thank You

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