Xania and Kim are drafting a written partnership agreement.Which of the following is least likely to be included in the partnership agreement?
A) A term stating that each partner will make an initial financial contribution of $10 000.
B) A term stating that the partnership will be an ongoing one.
C) A term stating that profits and losses are to be shared equally.
D) A term stating that decision making will be by majority.
Correct Answer:
Verified
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