A partnership agreement should include
A) the method of allocating profits and losses
B) each partner's duties
C) the purpose of the business
D) all of these

Question

Quizplus · Accepted Answer

A partnership agreement should include all of these aspects, including the method of allocating profits and losses, each partner's duties, and the purpose of the business. It is important for the agreement to be comprehensive and clear about the expectations and responsibilities of each partner to avoid future disputes.

A Partnership Agreement Should Include