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Sam and Judy decide to start a new food truck business. Sam will provide the funds to purchase the truck, inventory, and initial start-up capital.
Sam and Judy decide to start a new food truck business. Sam will provide the funds to purchase the truck, inventory, and initial start-up capital. Judy will provide her culinary and operational skills to manage the day-to-day operations of the business. They are deciding whether they should create a detailed partnership agreement. Discuss the reasons why they should consider doing this.
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