deadenders1666 deadenders1666

22-07-2022
Social Studies

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quizlet Eleanor and her best friend Julie Ann, from beauty college, are starting a salon together. Both stylists have worked for other salons but have no experience working for themselves. Before entering into a partnership, the two friends should first

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abiolataiwo2015 abiolataiwo2015

26-07-2022

Before entering into a partnership, the two friends should first a. put all terms of the partnership into writing in a partnership agreement.

What is partnership?

Partnership can be defined as the a type of business that involves two or more people in which both parties involved must enter into an agreement.

Hence, Before entering into a partnership, the two friends should first of all put all terms of the partnership into writing in a partnership agreement.

The missing options are:

a) put all terms of the partnership into writing in a partnership agreement.

b) decide who will be the general partner and who will be the limited partner.

c) make sure all the profits are reinvested into the company.

d) divide the profits equally.

Learn more about Partnership here:https://brainly.com/question/14034519

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