Target Exam

CUET

Subject

Entrepreneurship

Chapter

Entrepreneurial Opportunity

Question:

Partnership is a relationship between persons who have agreed to share profits of a business.

(A) Carried on by all
(B) Any of them acting for all
(C) Carried on by a partner only
(D) Carried on by all partners all the time
(E) Carried on by the nominated partner

Choose the correct answer from the options given below:

Options:

(A) and (B) only

(A), (B) and (E) only

(A) only

(B), (C) and (D) only

Correct Answer:

(A) and (B) only

Explanation:

The correct answer is Option (1) → (A) and (B) only