Practicing Success

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.