what do you ment by partnership deed
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A partnership deed, also known as a partnership agreement, is a document that outlines in detail the rights and responsibilities of all parties to a business operation. It has the force of law and is designed to guide the partners in the conduct of the business. It is helpful in preventing disputes and disagreements over the role of each partner in the business and the benefits which are due to them.
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Partnership deed is an agreement between the partners of a firm that outlines the terms and conditions of partnership among the partners .
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