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30 September, 08:19

A written agreement containing the various provisions under which a partnership is to operate is known as a partnership agreement.

a. True

b. False

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Answers (1)
  1. 30 September, 11:08
    0
    That statement is true

    This agreement usually mentioned:

    - The percentage to divide earning to each partners

    - Assets management

    - The partner's Salary beside the divided earning

    - The policy that will imposed to each partners in case of company's liquidation
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