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Karl Allen and Renee Galzo choose to be the sole owners and managers of a financial services business, Allen-Galzo & Associates LLP. Allen holds the

  1. Karl Allen and Renee Galzo choose to be the sole owners and managers of a financial services business, Allen-Galzo & Associates LLP. Allen holds the copy- right to investment analysis software that he devel- oped three years ago. The LLP will use the software to service its clients. The software requires regular up- dating and improvement. What would you suggest the LLP agreement include regarding the software? Why?

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