What is the purpose of mentioning names and addresses in the deed?

Correct answer: To identify partners clearly

Names and addresses in a partnership deed provide the basic legal identity of the persons forming the firm. They make it clear who the partners are and where they can be contacted. This information helps distinguish one partner from another and reduces the possibility of confusion about the parties to the agreement. It also supports proper maintenance of the firm’s records and accountability among the partners.

The deed is an agreement, so the persons entering into that agreement must be clearly identified. Therefore, mentioning names and addresses serves the purpose of identifying the partners clearly, which is option A. It does not automatically make profits equal, determine the market price of goods, or remove any liability. Profit sharing and other rights are decided separately by the terms of the deed.