An agreement made by partners to regulate and govern their business activities is known as
Answer Details
An agreement made by partners to regulate and govern their business activities is known as a Partnership Deed.
A Partnership Deed is a legal document that outlines the terms and conditions of a partnership between two or more individuals. It serves as a contract between the partners and includes information such as the name of the partnership, the purpose of the partnership, the contributions of each partner, the sharing of profits and losses, the management of the partnership, and the procedures for dissolution of the partnership.
The Partnership Deed helps to establish clarity and understanding among the partners and provides a framework for the operation of the business. It also helps to prevent misunderstandings and disputes that may arise in the course of the partnership.
Therefore, the correct option is Partnership Deed.