The major point of agreement carried by the partnership deed is?

FINANCIAL
JAMB 2011

The major point of agreement carried by the partnership deed is?

  • A. 5% interest annum on any loan
  • B. an oral agreement among the partners
  • C. method of inhertance by the partners' children
  • D. the profit and loss sharing ratio of the partners

Correct Answer: D. the profit and loss sharing ratio of the partners



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