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Form of Agreement and Assignment of Partnership Interest

Form of Agreement and Assignment of Partnership Interest

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Instructions and help about Form Of Agreement And Assignment Of Partnership Interest

okay um instead of recording and it kind of stopped on me so I'm gonna start again we're looking at chapter 9 which is partnerships we're looking at formation in operation and we're going to start by explaining the advantages and disadvantages of partnerships basically what the partnership is is has a simplified form of starting businesses compared to other forms other business forms like corporations so for partnership basically we have you know two or more people who are going to be in business together and for I will say for Guan purposes we don't need to file anything aside from just obtaining a business license but we you know we may want to sort of draft some sort of agreement just to make sure that you know everyone in this partnership is clear about you know how are the profit or loss is gonna be divided among the partners you know who's gonna bear the risk and things like that so a major advantage I would say of the partnership I

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