what is partnership deed in two or three lines plzz
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64
Answer:
hloo mate..
here ur answer...
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 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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Answered by
2
Answer:
When two or more people come together and undertake business activities it is know as partnership business.
A partnership deed an agreement which take place between the partners. it contains the profit sharing ratio. a partnership deed is a proof about the partnership firm. if the partnership deed doest mention profit sharing ratio then the profit and losses are sharing equally
By Roshni
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