NECO Accounting 2022 Objective — Question 30
Question 30 of 50 from the National Examinations Council (NECO) Accounting 2022 Objective paper, with the correct answer and a full explanation.
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A set of rules and procedures guiding the operations of a partnership is called
- A. seal
- B. code
- C. deedCorrect
- D. business
Explanation
A partnership deed (or agreement) is the laid-down rules by partners guiding the operation of the partnership business.
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