Kayla and Malik set up a business selling and repairing bicycles. They were advised to form a partnership and were told that it was important to draw up a Deed of Partnership. Part of this Deed of Partnership is shown in Fig. 1. Fig. 1 Deed of Partnership DEED OF PARTNERSHIP Between: Kayla Okoye and: Malik Jang Capital: Each partner will contribute initial capital to the value of $20000 Authority: Each partner has equal authority in making decisions Duration: The partnership will end on 30 November 2020, or when more partners join Date: 30 November 2017 Use Fig. 1 to help you answer the following questions.
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