$5$ Pri

Grades $-$ Maymester $2025$ Prin:

Stock can be lauso for all exc

$2$uestion $4($ivianuatory$)($L$\mathrm{.}2$ points$)$

Mutual agency is defined as:

a mutual agreement

the right of all partners to represent the company's normal business operations

a synonym for partnership

a partnership between two partnerships

Question $5($Mandatory$)(2\mathrm{.}5$ points$)$

Which one of the following would not be considered in the development of a partnership agreement?

stock options

profit and loss levels

processing disputes

asset contributions

Question $6($Mandatory$)(2\mathrm{.}5$ points$)$

A well written partnership agreement should include each of the following except

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