Question

Partnership deed is the agreement between the partners in :​

Answer 1

Explanation:

Partnership deed is an agreement between the partners of a firm that outlines the terms and conditions of partnership among the partners. A partnership firm is one of the popular types of organizations for starting a new business.Jun 5, 2020

Answer 2

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Under the Partnership Act, 1932 it is not at all binding to have a partnership agreement in writing. However in order to avoid misunderstandings and dispute among the partners it is recommended to have the agreement in writing. One more reason to have it in writing is, it helps in settling disputes as written agreement is often taken as a reference point. A written deed duly signed and registered under Partnership Act is considered as evidence by the court.