B Com Exam > B Com Questions > What is the difference between partnership de...
Start Learning for Free
What is the difference between partnership deed and partnership agreement?
Verified Answer
What is the difference between partnership deed and partnership agreem...
Partnership Deed
The document which contains terms and conditions of partnership is known as Partnership Deed. In the absence of an agreement, the partnership Act is applied, However, act leaves it to the discretion of partners. Written agreement between partners will be helpful in case of disputes between the partners.
Partnership agreement
An express or implied agreement made between two or more parties, depicting their entry in to a for profit business and making them official partners. The agreement depicts the nature of business, their profit sharing ratio, the capital put up by each partner as well as their duties and responsibilities. A valid partnership might exist between partners without any partnership agreement.
An express or implied agreement made between two or more parties, depicting their entry in to a for profit business and making them official partners. The agreement depicts the nature of business, their profit sharing ratio, the capital put up by each partner as well as their duties and responsibilities. A valid partnership might exist between partners without any partnership agreement.
This question is part of UPSC exam. View all B Com courses
Most Upvoted Answer
What is the difference between partnership deed and partnership agreem...
Deed is compulsry but but agreement paper is prepared by partners
|
|
Explore Courses for B Com exam
|
|
Similar B Com Doubts
What is the difference between partnership deed and partnership agreement?
Question Description
What is the difference between partnership deed and partnership agreement? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What is the difference between partnership deed and partnership agreement? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the difference between partnership deed and partnership agreement?.
What is the difference between partnership deed and partnership agreement? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What is the difference between partnership deed and partnership agreement? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the difference between partnership deed and partnership agreement?.
Solutions for What is the difference between partnership deed and partnership agreement? in English & in Hindi are available as part of our courses for B Com.
Download more important topics, notes, lectures and mock test series for B Com Exam by signing up for free.
Here you can find the meaning of What is the difference between partnership deed and partnership agreement? defined & explained in the simplest way possible. Besides giving the explanation of
What is the difference between partnership deed and partnership agreement?, a detailed solution for What is the difference between partnership deed and partnership agreement? has been provided alongside types of What is the difference between partnership deed and partnership agreement? theory, EduRev gives you an
ample number of questions to practice What is the difference between partnership deed and partnership agreement? tests, examples and also practice B Com tests.
|
|
Explore Courses for B Com exam
|
|
Suggested Free Tests
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup