The minimum number of persons required to form a partnership business is

The minimum number of persons required to form a partnership business is

  • A.
    2
  • B.
    3
  • C.
    5
  • D.
    10
Correct Answer: Option A
Explanation

A minimum of two Persons is required to start a Partnership firm. A maximumnumber of 20 Partners are allowed in a Partnership firm. You require at least two persons to start a partnership firm.

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