What difference between firm & company ?
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 June 2014
Dear All,
1. What is the difference between firm &
Company ?
2. What is the difference between partnership firm & proprietor ship firm?
1. What is the difference between firm &
Company ?
2. What is the difference between partnership firm & proprietor ship firm?
27 June 2014
Ans.1.
http://articles.mentoassociates.com/2009/07/differences-between-a-company-and-a-partnership-firm.html
Ans. 2.
Partnership between two or more person but proprietorship is single person. All decision in partnership are taken by partners either jointly or severally but in case of proprietorship it is the individual only. Bank account can be signed by any partner but in prop; only the proprietor and so many other formalities.
http://articles.mentoassociates.com/2009/07/differences-between-a-company-and-a-partnership-firm.html
Ans. 2.
Partnership between two or more person but proprietorship is single person. All decision in partnership are taken by partners either jointly or severally but in case of proprietorship it is the individual only. Bank account can be signed by any partner but in prop; only the proprietor and so many other formalities.
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