Economy, asked by ronikag8, 1 month ago

What is Partnership Deed? What are elements of Partnership Deed??​

Answers

Answered by kainsangeeta25
3

Explanation:

Thus as per the above definition, there are 5 elements which constitute of a partnership namely: (1) There must be a contract; (2) between two or more persons; (3) who agree to carry on a business; (4) with the object of sharing profits and (5) the business must be carried on by all or any of them acting for all.

Answered by ashauthiras
1

Answer:

Thus as per the above definition, there are 5 elements which constitute of a partnership namely:

(1) There must be a contract

(2) between two or more persons

(3) who agree to carry on a business

(4) with the object of sharing profits

(5) the business must be carried on by all or any of them acting for all.

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