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Limitations of partnership

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Limitations of partnership

    • Posted by Mritunjay Yadav 5 years, 7 months ago

    CBSE > Class 11 > Business Studies
    • 2 answers

    Sonali Aggarwal 5 years, 7 months ago

    In a partnership firm the resources are limited but the liabilities are unlimited.

    It is difficult to withdraw the investment as the consent and coordination of all the partners is must.

    There are more chances of conflicts among the partners.

    0Thank You

    Mritunjay Yadav 5 years, 7 months ago

    Unlimited liability

    3Thank You

    ANSWER
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