Which provision of the deed is useful in case of death of a partner?

Correct answer: Settlement of amount due and goodwill

The direct answer is A: the provision helps settle the amount due to the deceased partner’s representative and deal with goodwill. When a partner dies, the partnership accounts must determine what the deceased partner had earned or was entitled to receive up to the date of death. This may include the partner’s capital balance, current account balance, share of profit up to death, accumulated reserves, and other agreed items. Goodwill may also be valued and the deceased partner’s share credited according to the deed or applicable partnership rules. The legal representative then receives the amount due under the settlement terms. Option A is correct because it identifies both major matters mentioned in the question. Option B is wrong because stopping sales discounts is unrelated to settling a deceased partner’s account. Option C is wrong because employee bonus is a separate employment expense and does not settle the partner’s claim. Option D is wrong because changing furniture has no connection with death settlement. The exact calculation depends on the deed and facts, so no fixed amount should be invented. Memory cue: on death, calculate the partner’s entitlement, including agreed goodwill treatment, and settle it with the representative.