A partnership agreement generally contains all of the following except
A) the names and capital contributions of all the partners.
B) the expected life of the partnership.
C) the rights and duties of all partners.
D) the basis for sharing profit or loss among the partners.

Question

Quizplus · Accepted Answer

The expected life of the partnership is not typically included in a partnership agreement, as partnerships can be dissolved or continue indefinitely based on the partners' decisions.

A Partnership Agreement Generally Contains All of the Following Except