A partnership is an unincorporated association of two or more individuals to carry on a business for profit. Many small businesses, including retail, service, and professional practitioners, are organized as partnerships.
A partnership agreement may be oral or written. However, to avoid misunderstandings, the partnership agreement should be in writing. The agreement should identify the partners; their respective business‐related duties and responsibilities; how income will be shared; the criteria for additional investments and withdrawals; and the guidelines for adding partners, the withdrawal of a partner, and liquidation of the partnership. For income tax purposes, the partnership files an information return only. Each partner shares in the net income or loss of the partnership and includes this amount on his/her own tax return.
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Answer:
An "implied power" is a power that Congress exercises despite not being expressly granted it by Article I, Section 8 of the U.S. Constitution.
D. Ordinary Americans.
Explanation:
The Preamble's first three words tell us that the authority of the Constitution comes from ordinary Americans.
The first three words in the United States Constitution are, "We The People." While this may seem very simple, it means a lot to America and shows how important American citizens are for the impact of the country.
"We The People" shows how the United States government commits to serve the American people and do everything in their best interest for them. It is essentially the backbone of the country, creating something by the people and for the people.
When a country establishes foreign policies, the interest of the country itself (A) is the most prioritized interest in constructing foreign policy. This is logical given that a country creates a strategy for foreign policy and national security based upon representing their own peoples interests first.
