Question
Partnership and Company
Answer :
Word Count : 336
| Aspect | Partnership | Company |
|---|---|---|
| Definition | A partnership is a business organization owned and managed by two or more persons who share profits, losses, and liabilities. | A company is a separate legal entity formed by a group of individuals (shareholders) to operate a business with limited liability. |
| Legal Status | No separate legal identity; the partnership and the partners are considered the same entity. | A separate legal entity distinct from its owners (shareholders). |
| Liability | Partners have unlimited liability, meaning they are personally liable for the debts of the partnership. | Shareholders have limited liability, only to the extent of _________ _________ _______ ____ _________ ____. ____ __________ ______ ____ ________ __________. _________ _____ __________ ____ ________ _________ _________ _________ ____ _______. ________ _________ ______ ___ ______ __________. ________ ___ _____ ____ ________ ______ _______ _______. _____ __________ __________ ____ _____ ___ _________ _______ _________. _______ _______ ____ _________ _____ _____ _______. ____ ___ _________ ____ _____ __________ ______ _______ _______ _______ ________. __________ ____ _____ ____ __________. ______ _____ _________ ___ _______. __________ _______ _________ ___ _________ ____ _____. ________ ___ _____ _______ ___. ________ _____ ____ ____ __________ ____ _____ _____ _____ __________ ______ ________. __________ ________ __________ ____ _________ __________ _______ _______ __________. _________ ____ _______ ________ ___ _________ _______ _____ ________. __________ ___ ____ ____ ___ __________ ____. ________ _______ __________ ___ ______ _____ ______ ________ _____ ________ ________. _________ __________ ________ _______ ____. __________ __________ _______ ______ ____ _____ ________ _____ _________ ______ __________ _________. ___ _____ _______ __________ ______ ________ ___. _________ ______ _________ ___ ________ ___ _____ ____. ______ __________ ________ ____ __________ _________ _______. ____ _______ _________ ______ ______ ______ ___ ______ _____ ______ __________. ____ _______ _____ _________ _________ _____ ____. _________ __________ ____ ______ _________ _______ ___ _________ ________ ______ _______ _______. _________ __________ ____ ___ _____. _________ ________ _________ _______ ____ ___ _______ _____. _____ __________ _______ ________ _____ ____ _____ ______ _____ ____ ______ _______. ________ __________ _____ ____ ____ _______ ________ ______ __________. _________ ___ _______ ____ ___ _____ ________ ______ __________ __________ __________. ___ ____ ___ ______ ____. Get Full Answer on WhatsApp IGNOU NEWS Assignment Submission Last Date Extended Till 30 June 2026 Click Here★★★IGNOU June 2026 TEE Date Sheet Released Click Here★★★ Top |