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Who generally signs the partnership deed?

Answer and explanation

Correct answer: All partners

Direct answer: Option A, all partners. A partnership deed is the written agreement governing the firm. It records matters such as capital, profit sharing, duties, drawings and authority. Since the deed creates obligations for every partner, the partners generally sign it to show that they have read, accepted and agreed to its terms. Option A is correct because all partners are parties to the agreement. Option B is wrong because customers buy goods or services and are not normally parties to the partnership agreement. Option C is wrong because workers are employees, not owners merely because they work in the firm. Option D is irrelevant and wrong because a shopkeeper’s neighbour has no legal role simply by being a neighbour. A signature is evidence of consent, although legal formalities can vary by situation. Memory cue: partnership deed means partners’ agreement, so think “partners sign.”

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SignaturePartnersPartnership Deed

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