Vinaya and her friend found of unclaimed wrist watch in the canteen area of their school

cbse
formsofbusiness

#1

Vinaya and her friend found of unclaimed wrist watch in the canteen area of their school. They decided to sell it and share the equal profits there of. Can it be regarded as Partnership ? Give the reason in support of your answer.


#2

No, it can’t be partnership, as they are not carrying out any of selling wrist watches on regular basis to earn profit.