Which one of the following is mentioned in partnership deed?
Options:
Treatment of loss arising out of insolvency of one or more partner
Mode of auditor's appointment
Both option 1 and 2
None of these
Correct Answer:
Both option 1 and 2
Explanation:
Option 1- Treatment of loss arising out of insolvency of one or more partner Option 2 - Mode of auditor's appointment Both are mentioned in partnership deed in the contents of deed.
