Q.State any four contents typically found in a Partnership Deed.

A Partnership Deed records the practical operating terms partners have agreed, so the Act's own default rules do not silently apply instead.

Four representative contents of a Partnership Deed:

1. Name and address of the firm and of each partner.
2. Amount of capital contributed by each partner.
3. The agreed profit-and-loss sharing ratio — important because, without this being written down, the Act's own default of EQUAL sharing applies automatically, regardless of each partner's actual capital contribution.
4. Rights, duties, and powers of each partner, including any salary or commission payable to a working partner. …