Which of the following characteristics should exist to recognise a business as a partnership? (a) The business
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Which of the following characteristics should exist to recognise a business as a partnership?
(a) The business needs to be registered with the Registrar of Companies
(b) The business needs to have more than one owner
(c) The owners should have written an agreement to conduct business as partners
(d) There needs to be co-ownership, a business and intention to share profits
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Related Book For 
Financial Accounting An Introduction
ISBN: 9780273737650
2nd Edition
Authors: Mr Barry Elliott, Mr Augustine Benedict
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