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A partnership’s internal regulations are set out by

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Accounts - Principles of Accounts JAMB 2013

A partnership’s internal regulations are set out by

  • a deed checkmark
  • a law
  • a constitution
  • an article

The correct answer is: A

Explanation

A partnership deed, also known as a partnership agreement, is a document that outlines in detail the rights and responsibilities of all parties to a business operation. It has the force of law and is designed to guide the partners in the conduct of the business.

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