24. A partnership agreement in writing. * 1 Prospectus 2Common seal 3 Partnership deed
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3. partnership deed .is written agreement in partners
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A partnership agreement in writing form is known as a partnership deed.
Explanation:
- A Partnership firm is a type of business organization that is formed when two or more people come together voluntarily to carry out the operations of any business organization.
- It is not important to register a partnership firm. However, having a written agreement between the partners is helpful in resolving disputes and avoiding conflicts.
- Such a written agreement is known as a partnership deed which mentions all the details pertaining to the partnership.
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