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WAEC Commerce 1993 Question 23

Question 23

Business Units

The rights, responsibilities and liabilities of each partner are specified in the

  1. A.memorandum of association
  2. B.prospectus
  3. C.articles of association
  4. D.deed of partnership
  5. E.deed of conveyance
Show the answer and explanation

Answer: D (deed of partnership)

Explanation

The deed of partnership is the agreement that sets out partners' rights and duties.