A well written partnership agreement should include each of the following except ________.A. how to settle disputesB. the name of the partnershipC. division of responsibilitiesD. Partner’s individual tax rate
A well written partnership agreement should include each of the following except ________.A. how to settle disputesB. the name of the partnershipC. division of responsibilitiesD. Partner’s individual tax rate
A well written partnership agreement should include each of the following except ________.A. how to settle disputesB. the name of the partnershipC. division of responsibilitiesD. Partner’s individual tax rate
A well written partnership agreement should include each of the following except ________. A. how to settle disputes B. the name of the partnership C. division of responsibilities D. Partner’s individual tax rate
Definition Definition Arrangement between two or more people whereby they agree to manage business operations and share its profits and losses in an agreed ratio. The agreement drafted and signed by the partners of the firm is termed as a partnership deed and contains various important clauses agreed between the partners such as profit/loss sharing, interest on capital, remuneration allocation of each partner, and drawings of a partner.
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