Question

what is the agreement of partner is call
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Answer 1

Answer:

So the document in writing containing the terms and conditions as agreed between the partners is called partnership deed.

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Answer 2

A partnership agreement also called a deed of partnership is an agreement between partners who want to run a joint business. A partnership agreement is legally binding on all members (partners) a partnership. It is not mandatory to have a partnership agreement in order to set up a partnership, but it is the best way to regulate how the joint business will work and to avoid future disputes and misunderstandings between the partners.

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