GCE Commerce 1990 Question 73

Question 73

Business Units

A partnership agreement specifying the relationship amongst partners is called

  1. A.Article of Association
  2. B.Memorandum of Association
  3. C.Partnership Act
  4. D.Partnership Deed
  5. E.Certificate of Incorporation
Show the answer and explanation

Answer: D (Partnership Deed)

Explanation

The partnership deed sets out the partners' rights and duties.