CA CPT Model Test Paper 5 with solutions for online practice

Question : 19 of 200

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Following is the difference between partnership deed and partnership agreement:

Partnership deed is in writing and partnership agreement is oral.
Partnership deed is signed by all the partners but partnership agreement is signed by majority of the partners.
Partnership deed is registered in the court of law where as partnership agreement is not registered.
Partnership deed is not subject to changes unless all partners agree to it. Partnership agreement can be amended with the consent of more than 50% partners.

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