What is the minimum and maximum number of partners that can form a general partnership? A. 1, 10 b. 3,30 c. 4, 40 d. 2, 20

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asked Feb 15, 2022 186k views

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Hemamalini · Answer 1 · 2022-02-20T05:06:14+0000

Answer:

d. 2, 20

Step-by-step explanation:

A general partnership is an agreement between two or more persons towards the establishment of a business together and running the business. The least or minimum number of persons that can form this type of partnership is two and the maximum number is 20. All the persons involved share the same financial obligations, profits and liabilities

What is the minimum and maximum number of partners that can form a general partnership? A. 1, 10 b. 3,30 c. 4, 40 d. 2, 20

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