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Partnership Deed

The terms and conditions of the partnership between the partners are outlined in a partnership deed, which is an agreement between the partners of the company. A partnership deed's main goal is to clearly define each partner's responsibilities so that business operations can function smoothly.

The Partnership Act is not required that the agreement be in writing. The document that contains the conditions of the agreement is known as a "Partnership Deed," regardless of where it is in written form.

Partnership-Deed
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