Question

A good reason why partners should spell out the details of their partnership arrangements in writing is:_________

Answer 1

A good reason why partners should spell out the details of their partnership arrangements in writing is to override any unsuitable provisions of the Partnership .

Why is it necessary for partners to spell out the details of their partnership arrangements ?

It is necessary because with written agreement all the terms that is related to the agreement can be stated and the copy can be given to the two partners.

In this case, good reason why partners should spell out the details of their partnership arrangements in writing is to override any unsuitable provisions of the Partnership .

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