A partnership is one of the oldest and most common types of business structures, especially for small and medium-sized businesses. It is where two or more individuals come together to run a legal business entity, with their profits and losses shared between them. Partnerships are founded on mutual trust, common responsibilities, and collective efforts. The main aim is to bring togethe... https://www.kanakkupillai.com/learn/difference-between-partnership-firm-and-limited-liability-partnership/