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Mr. Nassar and Mr. Paul are partners, sharing profit in the ratio of 5:3. They admit Mr. Nissar as a new partner for 1/6th profit. Mr. Nissar acquires this share as 1/8 from Mr. Nassar and 1/24 share from Mr. Paul Calculate sacrificing ratio None of these 3:1 1:3 3:4 Finante How many members are required to form a partnership business? Minimum ten members Minimum two members Minimum one member Minimum three members Which type of partners have no personal liability beyond the amount they invest in the partnership? None of these Limited partners Both limited partners and general partners General partners