CBSE Class 11-commerce Answered
Mr.Praveen Gupta and Mr.Arshi Khan are well known builders in noida. They entre into partnership contract to build a NRI residential complex in greater noida. Identify and explain the type of partnership explained in above para
Asked by divyansh7400.dds | 11 Mar, 2019, 11:43: PM
Expert Answer
The type of partnership between Mr. Praveen Gupta and Mr. Arshi Khan is called a Particular Partnership. The partnership which is formed to carry on a particular venture (in this case building a NRI residential complex) is called particular partnership. It automatically comes to an end on completion of the venture.
Answered by charmi | 12 Mar, 2019, 11:00: AM
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