Discuss these questions:

Subject: Business Laws and Regulations

13. Are the articles of partnership required for the existence of a partnership?

14. When does a partnership begin?

15. Are contribution necessary before a contract of partnership may exist

16. What is a partnership at will?

17. Is the term of partnership unlimited?

18. Distinguish universal partnership of all present property from universal

partnership of profit?

19. Can future properties be contributed?

20. In a universal of profits, are profits acquired through chance included?