The major point of agreement carried by the partnership deed is?

The major point of agreement carried by the partnership deed is the profit and loss sharing ratio of the partners. A partnership deed is a legal document that outlines the terms and conditions of a partnership agreement. It includes various clauses such as the name of the partnership, capital contributions of each partner, the nature of business, the duration of the partnership, the duties and responsibilities of each partner, and most importantly, the profit and loss sharing ratio of the partners. The profit and loss sharing ratio outlines how the profits and losses of the business will be divided among the partners. It is a crucial aspect of the partnership agreement and must be agreed upon by all partners.