Kent Kauffman and Patrick McCormick have decided to start a landscaping business.One of the first things that they do is sign the ________,which describes the investments and responsibilities of the partners and makes provisions for the allocations of profits and dissolution of the business.

Question

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A partnership agreement is a legal document that outlines the terms and conditions of the partnership between two or more individuals. It includes details about each partner's investment, responsibilities, profit allocation, and provisions for the dissolution of the business. The other options such as articles of incorporation and corporate charter are more appropriate for forming a corporation rather than a partnership.

Kent Kauffman and Patrick McCormick Have Decided to Start a Landscaping