Question on: JAMB Accounting - 2018
A partnership deed is used to____________
A
Promote mutual understanding
B
Enhance mistrust
C
Encourage discrepancy
D
Control funds
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Correct Option: A
Partnership deed is used to:
i. Make sure there is no mistrust
ii. Reach into agreement for the purpose of doing business together
iii. Take care of future disputes
iv. Ensure there is mutual understanding
v. Indicates terms on which the business corporation us founded
Etc.
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