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The Minimum Number Of Persons Required To Form A Partnership Business Is? - Erudites Academy

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

by | Mar 21 | Accounting WAEC | 0 comments

A. 2
B. 3
C. 5
D. 10

Correct Answer: Option A

A. 2

Explanation

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

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