Which of the following is drawn up as a guide to the running of a Partnership?
Answer Details
The document that is drawn up as a guide to the running of a Partnership is the "Deed of Agreement." This document specifies the terms and conditions under which the partnership will operate, such as the responsibilities of each partner, the profit-sharing ratio, the procedure for admitting new partners, and the process for resolving disputes. It is a legally binding document and provides a framework for the partnership's smooth operation.