NextQ221

Sudershan has undergone skill development training for maintenance of electronic items, from an institute started under the 'Skill Development Mission' by the Government of India. He wants to start his own small business in his locality with ₹ 1,00,000 given by his father as capital. He himself wants to manage and control this business, employing some assistants, if required. Out of the following, suggest the form of business organisation he can adopt.

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Question 220

'The business of partnership firm can be carried on by all the partners or any one of them acting for all.' This statement indicates which of the following characteristic of partnership ?

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