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.
Answer:
War or a state of emergency
Explanation:
<span>asean free trade
area in China-the world's largest free trade area, spend $4.5 trillion,
China could become the first-class brand household brands. China as an
economic power, the big companies are rarely on the...</span>
the right answers are A The Revolution of 1911 established a republic. and
B The Revolution of 1911 ended imperialist rule.
They opened fire on boycoters