The Nolo website (www.nolo.com), which has been in existence since 1971, provides legal information for consumers and
Question:
1. How can a partnership agreement help a business?
2. What major areas should be covered by a partnership agreement?
3. Which state does not have its own laws governing partnerships?
Partnership
A legal form of business operation between two or more individuals who share management and profits. A Written agreement between two or more individuals who join as partners to form and carry on a for-profit business. Among other things, it states...
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1 By setting up a partnership agreement the partners are able to structure their ...View the full answer
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Related Book For 
College Accounting
ISBN: 978-1111528126
11th edition
Authors: Tracie Nobles, Cathy Scott, Douglas McQuaig, Patricia Bille
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