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Question

Accountancy Question on Partnership

The content of Partnership deed includes:
A. Name and address of all partners
B. Method of settlement of disputes among partners
C. Deed once made cannot be altered
D. Rules regarding operation of Bank account
E. Verbal agreement between partners is considered as deed
Choose the correct answer from the options given below:

A

B, D and E only

B

A, C and E only

C

A, B and C only

D

A, B and D only

Answer

A, B and D only

Explanation

Solution

The correct option is (D):A, B and D only