Accounting WAEC

Agreement between partners is contained in the partnership?

A. act
B. deeds
C. accord
D. deal

Correct Answer: Option B

B. deeds

Explanation

A partnership deed, 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 has the force of law and is designed to guide the partners in the conduct of the business.

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