Question consists of two statements, namely, Assertion (A) and Reason (R). Select the correct answer.
Assertion: A partnership deed can have clauses that are different from the provisions of the Partnership Act, 1932 and in such situations, clauses in Partnership Deed will prevail over the provisions of the Partnership Act, 1932.
Reason: The provisions of the Partnership Act, 1932 apply only when the partners have not agreed on a matter.

Both Assertion (A) and reason (R) are correct and R is the correct explanation of A.

If partnership deed is silent in respect of certain aspects, the relevant provisions of the Indian Partnership Act, 1932 become applicable. A partnership deed is a legally binding agreement between partners, and it can indeed contain clauses that differ from the provisions of the Partnership Act, 1932. In cases where the partnership deed explicitly outlines certain terms, those terms will prevail over the default provisions of the Partnership Act, as long as they are legal.