which of the following characteristics should exist to recognize a business as a partnership ?

A The business needs to be registered with the Registrar of companies
B There needs to be co-ownership a business and intention to share profit
C The owners should have written an agrecment to conduct business as partners
D The business n'eeds to have more than one woner

Correct Answer: The owners should have written an agrecment to conduct business as partners

Bissoy MCQ

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