A partnership’s internal regulation are set out by________
FINANCIAL
JAMB 2018
A partnership’s internal regulation are set out by________
- A. A constitution
- B. A law
- C. A deed
- D. An article
Correct Answer: C. A deed
Explanation
A partnership deed is a written agreement among the partners specifying rules and regulations and is signed by all the partners and stamped as per stamp act with an aim to prevent possible disputes and disagreements among the partners at future dates
Post an Explanation Or Report an Error
If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly. Your email address will not be published. Required fields are marked *