Study the following case/situation and express your opinion:Ajit Broth

1.	Study the following case/situation and express your opinion:Ajit Brothers is a firm formed for the specific purpose of constructing a bridge. 1. Name this type of business.2. When does this business dissolve?
Answer» 1.Partnership for a particular venture or particular partnership. 2. This business will dissolve on the completion of the venture i.e. after completing the bridge.

Study the following case/situation and express your opinion:Ajit Brothers is a firm formed for the specific purpose of constructing a bridge. 1. Name this type of business.2. When does this business dissolve?

Answer»

1.Partnership for a particular venture or particular partnership.

2. This business will dissolve on the completion of the venture i.e. after completing the bridge.