A partnership deed is used to____________

A.

Promote mutual understanding

B.

Enhance mistrust

C.

Encourage discrepancy

D.

Control funds

Correct answer is A

Partnership deed can be used to:

  i. Indicates terms on which the business corporation us founded

  ii. To form a partnership for the purpose of doing business together

  iii. Prevent future disputes

  iv. Promote mutual understanding

  v. Avoid mistrust