Question

write short note on partnership deed​

Answer 1

Answer:

Partnership deeds, in very simple words, are an agreement between partners of a firm. This agreement defines details like the nature of the firm, duties, and rights of partners, their liabilities and the ratio in which they will divide profits or losses of the firm.

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Answer 2

Answer:

a partnership deed is 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 benefits which are due to them ....

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