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.
The democratic party is pro-choice, anti-gun, pro universal healthcare, supports immigrants, and supports gay marriage
First Continental Congress, I believe
The question is asking to choose among the following choices that states the democratic concept evident in the excerpt, base on my research and further analysis, I would say that the answer would be in letter A. division of power. I hope you are satisfied with my answer and feel free to ask for more
