GCSE Business 2020-2022 OCR: What does the Partnership Agreement include?

Question

What does the Partnership Agreement include?

go kys · Accepted Answer

-Nature of Partnership
-Location of Business
-Partnership Name
-Capital
-Shares of Profits and Losses
-Drawings
-Duties of Partners
-Termination of Partnership 
-Arbitration [sorts out disputes]
-Signature of the Entrepreneurs

GCSE Business 2020-2022 OCR

What does the Partnership Agreement include?

-Nature of Partnership -Location of Business -Partnership Name -Capital -Shares of Profits and Losses -Drawings -Duties of Partners -Termination of Partnership -Arbitration [sorts out disputes] -Signature of the Entrepreneurs

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