In which situation can a partnership enterprise be useful?
Answer and explanation
Correct answer: जब दो या अधिक लोग संसाधन और कौशल मिलाकर उद्यम चलाना चाहें
A partnership allows two or more persons to combine capital, knowledge, skills, contacts, and effort for a business, subject to the agreed arrangement and applicable law. Partners generally share decision-making, responsibilities, and the results of the business. It is not a way to avoid accountability or legal requirements. Therefore, option A identifies a legitimate situation in which partnership may be useful.
Frequently asked questions
What is the correct answer to this question?
जब दो या अधिक लोग संसाधन और कौशल मिलाकर उद्यम चलाना चाहें
Why is this the correct answer?
A partnership allows two or more persons to combine capital, knowledge, skills, contacts, and effort for a business, subject to the agreed arrangement and applicable law. Partners generally share decision-making, responsibilities, and the results of the business. It is not a way to avoid accountability or legal requirements. Therefore, option A identifies a legitimate situation in which partnership may be useful.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: Forms of Business Organisation. Topic: Partnership.
