If one partner brings skill and another brings capital in a partnership but contribution value is unclear what should be done?
Answer and explanation
Correct answer: Clear written agreement on contribution value roles and profit sharing
In partnership value of both skill and capital should be clear. In exams connect partnership with written agreement.
Frequently asked questions
What is the correct answer to this question?
Clear written agreement on contribution value roles and profit sharing
Why is this the correct answer?
In partnership value of both skill and capital should be clear. In exams connect partnership with written agreement.
Which subject and chapter does this question cover?
This is a Class 11 Home Science question. Chapter: Work, Livelihood and Career. Topic: Life skills for livelihood.