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.
if only person was in charge of a government, it would gradually convert into a dictatorship, simply because there are no other branches of the government to keep the executive government in check. This is why governments have three branches, to make sure power is balanced. Two branches and even four branches wouldn't work because of uneven balances in power.
I am not writing the format of the letter or anything, but I will write a small para for u .
Dear (whoever),
We are safe here , hope everything is fine at home too . The crusades fight goes on from morning to evening . Hope everyone is healthy at home . Also convey my best of luck to my brother for his final test next month .
I am seeing a crusade war for the first time in my life . I am very scared but also feeling quite relieved that my elder brother is also there with me . He couldn’t write a letter to you as he is very busy here . In the was , a lot of bloodshed takes place and knives , swords and many other weapons are used . We will reach home back soon hopefully after the war . I wish we return victorious and we all can celebrate our victory at home .
Try giving a letter in reply soon . Waiting to hear from you , father and brother .
This is it , you can change anything if u want , any grammar mistakes then pls forgive ...
Hope this was helpful .
I don't quite understand
maybe try taking a picture of the question by using
the button with a paperclip when you ask a question on brainly just click it and it'll ask you to take a picture then it can help us understand the question better thank you and have a nice day
