Welcome to Westonci.ca, where you can find answers to all your questions from a community of experienced professionals. Get detailed and precise answers to your questions from a dedicated community of experts on our Q&A platform. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform.

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

Sagot :

Answer:

d. 2, 20

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