True or False with reason:
Method of settlement of dispute among the partners cannot be the part of the partnership deed.

Dear Student

Partnership deed includes all the major terms and conditions of the partnership amongst the partners which also includes the provisions for dispute settlement amongst them.

So, the answer would be False since in case of dispute among the partners, the partnership deed defines how the dispute will be solved. It includes all ways of settlement including the appointment of the arbitrator who would be used to solve the dispute. Hence, it acts as a legal instrument to maintain peace and unity within the partnership firm.

Regards