Accountancy, asked by somahesh434, 4 months ago

why is partnership deed necessary

Answers

Answered by anjichandan14

Major Benefits or importance of Partnership Deed

Major Benefits or importance of Partnership DeedHaving a proper deed provides a legal responsibility between partners of the firm. ... It helps to avoid any misunderstanding between the partners because all the terms and conditions of the partnership have been laid down beforehand in the deed.

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