Give two reasons in favour of having a Partnership Deed.
Give two reasons in favour of having a Partnership Deed.
Anurag Pathak Changed status to publish April 9, 2023
Answer:-
Partnership Deed is a useful document because:
i) It regulates the rights, duties, and liabilities of each partner.
ii) If any dispute arises between/among the partners, then it can be settled on the basis of the Partnership Deed as it is a contract between/among them.
Anurag Pathak Changed status to publish April 9, 2023