Concept:A partnership deed is a written agreement that defines the roles, rights, and obligations of partners in a business.
Explanation:It clearly states the terms of the partnership, such as profit-sharing ratios, duties, and decision-making rules.
This reduces confusion among partners and helps them work together smoothly.
By setting out clear guidelines, it prevents disagreements and avoids misunderstandings.
It also fosters trust and transparency, which are essential for a successful partnership.
Therefore, the main purpose is to promote mutual understanding among partners.
Answer:A. Promote mutual understanding