Question

Anwar and Biswas decide to start a parternship firm together. Their common fnend Sakshi tells
them that it is advisable to have a written agreement as it constitutes an evidence of the conditions
agreed upon in parternship and proves to be helpful in resolving any controversies which may aries
in future
(1) Identify and state the document being referred to by Sakshi
(2) State any four aspects covered in this document​

Answer 1

Answer:

(1) partnership deal

(2) * name of the partners

* when was the firm started

* amount of the partners put in the partnership

* if a partner died , who will come in place of him/her.