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.
To being canceled because of a quarrel of words between Virginia Delegation and few of the smaller states
Can you please Tell the question in English please.
In 1830, they took the state of Georgia to court in a case that challenged Georgia's jurisdictional claims directly. In Cherokee Nation v. Georgia, the Cherokees sought an injunction against Georgia's attempts to implement its act of 1828 asserting sovereignty over Cherokee lands.
1. Germany was forced to pay nearly half a trillion USD (in todays money) in reparations
2. Germany's Rhineland in the west was to be occupied by the allies so they couldn't invade France
3. Germany could only have a tiny military, with essentially no navy or air force
4. Germany needed to accept full responsibility for the war
5. Germany loses all of its colonies in Africa, Asia, and the pacific, and much of its valuable eastern land is given to Poland.
