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:
The answer is c
Explanation:
It is external because Sylvia is being unkind to Rachel.
Answer:
The North could easily move soldiers and supplies.
Explanation:
Railroads made it so that the North could easily supply its armies with supplies and reinforcement troops.
The US's the fear of Radicals and the Bolshevik revolution in Russia. US Police roundedup suspected foreign born radicals and had them expelled from the United States. Fed growing demands to limit immigration.
