Which of the following issues would a typical partnership agreement address?
A) The contributions of each partner to the business
B) How the partnership profits (or losses) will be distributed
C) How a partner can sell her ownership in the business
D) All of the above

Question

Quizplus · Accepted Answer

A typical partnership agreement will address all of the above issues - the contributions of each partner to the business, how the partnership profits (or losses) will be distributed, and how a partner can sell her ownership in the business. It may also address other important issues such as decision-making authority, dispute resolution, and the management structure of the partnership.

Which of the Following Issues Would a Typical Partnership Agreement