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The major areas the partnership agreement should cover that include name of the partnership, contribution to the partnership, allocation of profits, losses, and draws, partners
The major areas the partnership agreement should cover that include name of the partnership, contribution to the partnership, allocation of profits, losses, and draws, partners authority and decision-making, management duties.so on and so forth. To protect the benefits, the accountant has to keep them informed that Limited Partnerships and Limited Liability Partnerships can enjoy tax and confidentiality benefits in their jurisdiction. What do you think about this statement? Do you agree or disagree
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