Question

What is partnership Deed?


Ans. Partnership Deed is necessary to prevent disputes or misunderstanding among the partners in future.​

Answer 1

Answer:

A partnership deed is an agreement between the partners of a firm that outlines the terms and conditions of partnership among the partners. ... It specifies the various terms such as profit/loss sharing, salary, interest on capital, drawings, admission of a new partner, etc.

Explanation:

hope it's help u

Answer 2

Ans. Partnership Deed is necessary to prevent disputes or misunderstanding among the partners in future.

Hope it will help you....