S. Hark and R. Green are discussing how profit and losses should be divided in a partnership

Question:

S. Hark and R. Green are discussing how profit and losses should be divided in a they plan to form. They think they should wait to see who has worked the hardest before agreeing on how to share the profit. What are the advantages and disadvantages of doing this?
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...