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Forms Of Business Organization
Question
Define partnership deed.
Solution
A written agreement between partners who have decided to start a business venture, is refered to as the partnership deed. While the agreement may be written or oral, as per law, it is always advisable to have a written partnership agreement. This is to avoid disputes by clearly defining the terms of mutual agreement.
Some More Questions From Forms of Business Organization Chapter
Give the meaning of a sole proprietorship organization.
What is the meaning of a Joint Hindu Family business.
Can a minor become a member of Joint Hindu Family?
What is the meaning of Partnership organization?
Can a Partnership firm have a minor partner ?
Define partnership deed.
What do you understand by co-operative society?
Define company.
What do you understand by a Private Company?
What do you understand by a Public Company?
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Mock Test Series
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