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At least____ persons are necessary to …

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At least____ persons are necessary to form a partnership

Posted by Subham Sarma 5 years, 5 months ago

CBSE > Class 12 > Accountancy

3 answers

Megha Gupta 5 years, 5 months ago

Atleast 2 partners

Priyanshi Kumari 5 years, 5 months ago

at least 2 persons are necessary to form a partnership

Gaurav Seth 5 years, 5 months ago

2

Section 4 of the Indian Partnership Act 1932 defines partnership as the 'relation between persons who have agreed to share the profits of a business carried on by all or any of them acting for all'. In order to form a partnership, there should be at least two persons coming together for a common goal.

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