Business Studies, asked by akshaygundeti29, 4 months ago

Define Partnership Deed. Discuss its main contents.
4 marks

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Answered by arpitjaat007

Answer:

Partnership deeds, in very simple words, are an agreement between partners of a firm. This agreement defines details like the nature of the firm, duties, and rights of partners, their liabilities and the ratio in which they will divide profits or losses of the firm.

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