Which of the following is not contained in a deed of partnership?
- Names and addresses of partners
- Ratio for sharing profits and losses
- Investment of each partner
-
Rate of taxation
The correct answer is: D
Explanation
A deed of partnership usually contains the following information and regulations: Fundamental details about the partnership such as its business name, the names of its members (partners), business address and the type of the business activities conducted. The amount of capital invested by each partner.