Home › CA Foundation › accountancy › Partnership › Partnership is defined as the relation between p…
Partnership is defined as the relation between persons who have agreed to share the ___ of a business
Aprofits
Bassets
Cliabilities
Dcapital
Answer & Solution
Correct answer: A. profits
Sec 4: partnership is the relation between persons who agreed to share the profits of a business carried on by all or any of them acting for all.
Related questions
A car uses 4 litres of petrol for 60 km. Its mileage in km per litre is:A man covers a distance in 6 hours at 40 km per hour. To cover it in 4 hours he must traveA man travels equal distances at 40 km per hour and at 60 km per hour. His average speed iA train 200 m long crosses a 100 m platform at 36 km per hour. It takes:A train 150 m long runs at 54 km per hour. The time it takes to pass a pole is:A car covers 300 km at 50 km per hour. At 75 km per hour the same trip would take:Zaheeda doubles her speed on the same route. The time she takes:A journey takes 120 km at a steady 60 km per hour. The time taken is: