Pakistan study notes for Matric, Intermediate, B.A, B.COM BSC, M.A, BCS. Free Pakistani Urdu educational school, colleges and University notes.

Partnership Deed

Q: What do you understand by Partnership Deed?

Ans: There are two possible forms of Partnership Contract /Deed; first verbal and second written. No flaw is there in verbal contract but it would be advisable for the partners that it should be brought in black and white so that future complication might be avoided. Stamps are fixed on written partnership deed and all the partners sign it. 

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