Question Comp Status: Moving to the next question prevents changes to this answer. Question 12 of 20 Question 12 0.5 points Save Answer Why is it a good idea for a partnership to have a written agreement? Which of the following is correct? A partnership should have an agreement so that profits can be distributed equally amongst the partners A written agreement is good policy for a partnership since this is required by legislation The members of a partnership may contribute different amounts of labour, capital and lengths of participation in the partnership, and this should be quantified in an agreement, otherwise the partnership will determine this Written agreements setting out the rights of partners is usually optional and not necessary since partnership legislation determines the rights and duties existing between partners A Moving to the next question prevents changes to this answer. Question 12 of 20 Need hair