As a group, prepare an articles-of-partnership agreement. Be prepared to discuss the pros and cons of your

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As a group, prepare an articles-of-partnership agreement.

Be prepared to discuss the pros and cons of your group’s agreement with other groups from your class, as well as to examine their agreements.

Suppose that you have decided to quit your job as an insurance adjuster and open a bakery. Your business is now growing, and you have decided to add a full line of catering services.
This means more work and responsibility. You will need someone to help you, but you are undecided about what to do. Should you hire an employee or find a partner? If you add a partner, what type of decisions should be made to create a partnership agreement?

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Foundations Of Business

ISBN: 9780538744515

2nd Edition

Authors: William M. Pride, Robert J. Hughes, Jack R. Kapoor

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