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why it is called partnership agreement not partnership contract ?.


Sai G

Sai G

CA Inter

6K+

29-Oct-22 13:55

480

Answers (2)

Partnership agreement is also called as partnership contact

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partnership agreement is a legal document that dictates how a small for-profit business will operate under two or more people. The reason is that this kind of an alliance is a creation only out of a mutual agreement. Thus, the nature of a partnership is voluntary and contractual.


Gaurav Choubey

Gaurav Choubey

CA Foundation

1K+

31-Oct-22 16:37

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