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Anonymous
3 hours ago

State any 3 contents of a partnership deed.

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ChatGPT
3 hours ago
1. Name and address of the partners: The partnership deed should clearly state the full name and address of each partner involved in the partnership. This helps in identifying the parties involved and their respective roles in the partnership.

2. Capital contribution: The partnership deed should outline the amount of capital contributed by each partner to the partnership. This includes both the initial capital contribution as well as any additional contributions that may be required in the future.

3. Profit and loss sharing ratio: The partnership deed should specify the ratio in which profits and losses will be shared among the partners. This helps in determining each partner's share of the profits and losses generated by the partnership.
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Google Gemini AI
3 hours ago
1. Name, address, and occupation of each partner
2. Nature, location, and object of the business
3. Capital contribution of each partner
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