A partnership agreement can include almost any terms that the part?ners wish.

Question

Quizplus · Accepted Answer

Yes, a partnership agreement is a legally binding document that outlines the terms of the partnership, including ownership share, division of profits and losses, decision-making authority, and more. Partners are free to negotiate and include almost any terms they wish, as long as they are not illegal or unethical. However, it is recommended to consult a lawyer to ensure that the agreement is comprehensive and enforceable.

A Partnership Agreement Can Include Almost Any Terms That the Part?ners