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Give the Word / Term Or Phrase Which Can Substitute Each of the Following Statement. a Partnership Agreement Between the Partners in Written Form. - Book Keeping and Accountancy

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Question

Give the word / term or phrase which can substitute the following statement.
A partnership agreement between the partners in written form.

One Word/Term Answer

Solution

Partnership Deed

Explanation: An agreement between partners in written form, which contains the terms and conditions of the partnership agreement, is called partnership deed.

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The Indian Partnership Act 1932
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Chapter 1: Introduction to Partnership - Exercise 2 [Page 13]

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Micheal Vaz Book Keeping and Accountancy [English] 12 Standard HSC Maharashtra State Board
Chapter 1 Introduction to Partnership
Exercise 2 | Q 2 | Page 13

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