A partnership deed is used to___
-
A.
Promote mutual understanding -
B.
Enhance mistrust -
C.
Encourage discrepancy -
D.
Control funds
Correct Answer: Option A
Explanation
Partnership deed can be used to:
i. Indicates terms on which the business corporation us founded
ii. To form a partnership for the purpose of doing business together
iii. Prevent future disputes
iv. Promote mutual understanding
v. Avoid mistrust