._____________is an association of two o

CUET Preparation Today

Start Free Mocks

Home Questions EZHBU52RWU

Target Exam

CUET

Subject

Entrepreneurship

Chapter

Entrepreneurial Planning

Question:

._____________is an association of two or more persons to carry on, as co-owners, a business and to share its profits and losses.

Options:

Sole proprietorship

Partnership

Joint stock company

Cooperative society

Correct Answer:

Partnership

Explanation:

A partnership is an association of two or more persons to carry on, as co-owners, a business and to share its profits and losses.