a) Name of the partnership
(b) Names of the partners
(c) Location of business
(d) Addresses of partners
(e) Nature of business
(f) Intended duration of business
(g) Amount of contribution, either cash or otherwise made by each partner
(h) Amount of time each partner will devote to the business
(i) Provisions for salaries or drawing account for partners
(j) Dissolution of profits and losses
(k) Duties/responsibilities of each partner
(l) Procedure regarding the way in which the books are to be closed upon death or with-drawn by one of the partners.
(m) Special dissolution procedures
(n) Methods of resolving disagreements
(o) Use of life insurance to purchase protection for surviving partners.
skilled writter answered the question on May 15, 2018 at 05:43
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