Theresa Thayer, a friend from college, asks you to form a partnership to import fragrances. Since graduating, Thayer has worked for the Spanish Embassy, developing important contacts among government officials. Thayer believes she is in a unique position to capitalize on an important market. With expertise in accounting, you would have responsibility for the partnership’s accounting and finance.
Requirement
1. List the seven items that would need to be incorporated into the written partnership agreement.