Bundle: Foundations of Business, Loose-Leaf Version, 5th + MindTap Introduction to Business, 1 term (6 months) Printed Access Card
Bundle: Foundations of Business, Loose-Leaf Version, 5th + MindTap Introduction to Business, 1 term (6 months) Printed Access Card
5th Edition
ISBN: 9781337494809
Author: William M. Pride, Robert J. Hughes
Publisher: Cengage Learning
Question
Book Icon
Chapter 4.2B, Problem 3CC
Summary Introduction

To determine: The issues that should be included in a partnership agreement.

Introduction: Partnership agreements are composed records that unequivocally detail the connection between the business accomplices and their individual commitments and loyalty to the partnership.

Blurred answer
Students have asked these similar questions
Suppose a partnership is set up and operated without a formal partnership agreement. What problems might arise? Explain
What is a partnership? Outline the legal issues involved in the formation of a partnership. In your answer, discuss the issues that partners should consider in drafting the partnership agreement.
The management’s decision to make a partnership with another company is called:
Knowledge Booster
Background pattern image
Recommended textbooks for you
Text book image
Foundations of Business (MindTap Course List)
Marketing
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning
Text book image
Foundations of Business - Standalone book (MindTa...
Marketing
ISBN:9781285193946
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning