59:
38:, labor, and skills into a business, with the understanding that there will be a sharing of the profits and losses between/among partners. Outside of North America, it is normally referred to simply as a
45:
A partnership agreement is a written and legal agreement between/among business partners. It is always recommended but not essential for partners to have such an agreement.
126:
the authorization of a majority of partners to manage the affairs of the entire partnership. This is particularly common where there are numerous partners.
80:
132:
the forbidding of any partner to carry out business unrelated to the partnership. This is usually implied in articles of partnership.
203:
106:
183:
84:
69:
88:
73:
230:
235:
225:
123:
the granting of the partner the rights to manage and administer the business or a specific department.
163:
35:
195:
199:
119:
Multiple sections are often included in articles of partnership, based on the circumstances:
187:
219:
188:
17:
147:
58:
136:
129:
provisions to account for, annually, the property and debts of the business.
135:
the allowance of expelling partners who commit gross misconduct or become
140:
31:
143:, etc. This is particularly common where there are numerous partners.
194:. Upper Saddle River, New Jersey: Pearson Prentice Hall. pp.
52:
153:
the allocation of business income and losses among partners.
34:between/among two or more persons to place their
8:
87:. Unsourced material may be challenged and
107:Learn how and when to remove this message
175:
7:
85:adding citations to reliable sources
25:
57:
190:Economics: Principles in Action
146:the submission of arguments to
186:; Sheffrin, Steven M. (2003).
1:
252:
49:Articles of partnership
28:Articles of partnership
40:partnership agreement
18:Partnership agreement
81:improve this section
164:General partnership
184:O'Sullivan, Arthur
117:
116:
109:
16:(Redirected from
243:
210:
209:
193:
180:
112:
105:
101:
98:
92:
61:
53:
21:
251:
250:
246:
245:
244:
242:
241:
240:
231:Legal documents
216:
215:
214:
213:
206:
182:
181:
177:
172:
160:
113:
102:
96:
93:
78:
62:
51:
30:is a voluntary
23:
22:
15:
12:
11:
5:
249:
247:
239:
238:
233:
228:
218:
217:
212:
211:
204:
174:
173:
171:
168:
167:
166:
159:
156:
155:
154:
151:
144:
133:
130:
127:
124:
115:
114:
97:September 2016
65:
63:
56:
50:
47:
24:
14:
13:
10:
9:
6:
4:
3:
2:
248:
237:
234:
232:
229:
227:
224:
223:
221:
207:
205:0-13-063085-3
201:
197:
192:
191:
185:
179:
176:
169:
165:
162:
161:
157:
152:
149:
145:
142:
138:
134:
131:
128:
125:
122:
121:
120:
111:
108:
100:
90:
86:
82:
76:
75:
71:
66:This section
64:
60:
55:
54:
48:
46:
43:
41:
37:
33:
29:
19:
236:Partnerships
226:Business law
189:
178:
118:
103:
94:
79:Please help
67:
44:
39:
27:
26:
148:arbitration
220:Categories
170:References
137:insolvent
68:does not
158:See also
141:bankrupt
32:contract
89:removed
74:sources
36:capital
202:
200:ISBN
72:any
70:cite
196:191
83:by
222::
198:.
139:,
42:.
208:.
150:.
110:)
104:(
99:)
95:(
91:.
77:.
20:)
Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
