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As Moving to the next question prevents changes to this answer. Question 2 Which of the following statements is incorrect reg
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Answer #1

Option : B is correct answer.

Partnership agreement is an agreement between partners of the firm.

In this agreement stated that profit sharing ratio, liabilities of partners and other business agreement etc..,

It will helps in disputes resolution.

It must be in writen and mutual concern. Oral agreement not having proof of evidence.

So that written agreement are preferable other than oral.

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