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The partnership entity is

This question belongs to Commerce Business And Commerce
Business and Commerce
?

The partnership entity is __________.

Answer & Solution
Correct Answer: Option B
The partnership entity is legal entity and accountable entity. A legal entity has legal capacity to enter into agreements or contracts, assume obligations, incur and pay debts, sue and be sued in its own right, and to be held responsible for its actions.
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1 Comment
Sneha Agrawal
Sneha Agrawal 9 years ago
how partnership is legal entity?
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