Mickey, Minnie, Donald, and Goofy agree to form a partnership wherein Mickey will contribute P1,000,000, while the other partners will contribute P10,000 each to the partnership's funds. Mickey is a multi-millionaire, and his joining the partnership was to help his 3 friends to start a business and earn income on their own. They agreed that Mickey shall no longer share in the partnership profits, and any profit and losses shall be divided equally among Minnie, Donald, and Goofy. Is the agreement of the partners valid? Can you explain further your answer?