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Discussion Question 1 0 - 1 ( LO . 1 ) Complete the sentence that defines what a partnership agreement is . A partnership agreement
Discussion Question LO
Complete the sentence that defines what a partnership agreement is
A partnership agreement is an agreement among the partners regarding
Regarding provisions of a partnership agreement, classify each of the following as "Yes" it would be included or No it would not.
a The rights and obligations of the partners.
b The allocation of income, deductions, and cash flows.
c The persons individuals that can be partners.
d The conditions for terminating the partnership.
e The initial and future capital contribution requirements.
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