There is really no need for a partnership agreement since all issues likely to arise among partners

Question:

‘There is really no need for a partnership agreement since all issues likely to arise among partners are adequately covered in the appropriate Partnership Act.’ Discuss.

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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