hamburger menu
All Coursesall course arrow
adda247
reward-icon
adda247
    arrow
    arrow
    arrow
    Consider the following contents relating to the Partnership Deed. (A) It contains the names and addresses of the firm and its main business (B) It
    Question

    Consider the following contents relating to the Partnership Deed.
    (A) It contains the names and addresses of the firm and its main business
    (B) It contains the Names and Addresses of the Directors of the firm
    (C) It contains the capital to be contributed by each partner.
    (D) It contains the profit and loss sharing ratio
    (E) It does not contain the rules regarding operation of Bank Account
    Choose the correct answer from the options given below:

    A.

    (A), (C) and (D) only

    B.

    (A), (B), (C) and (D) only

    C.

    (A), (B) and (D) only

    D.

    (A), (C) and (E) only

    Correct option is A

    A partnership deed typically includes:
    (A) Names and addresses of the firm and its main business,
    (C) Capital to be contributed by each partner
    (D) Profit and loss sharing ratio.
    It does not usually include the names and addresses of directors, as partnerships don't have directors, nor does it explicitly discuss rules regarding the operation of bank accounts.

    Free Tests

    Free
    Must Attempt

    CUET 2025 English Language Mock 01

    languageIcon English
    • pdpQsnIcon50 Questions
    • pdpsheetsIcon200 Marks
    • timerIcon45 Mins
    languageIcon English