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Cameron​ Blair, a friend from​ college, asks you to form a partnership to import fragrances. Since​ graduating, Blair has worked for the Spanish​ Embassy, developing important contacts among government officials. Blair believes she is in a unique position to capitalize on an important market. With expertise in​ accounting, you would have responsibility for the​ partnership's accounting and finance. List the seven items that would need to be incorporated into the written partnership agreement.

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Answer:

The definition for the problem is listed in the segment below on explanations.

Explanation:

The seven elements that will have to go along with the partnership agreement or resolution are given below:

  • Name, place, as well as nature.
  • Title, capital commitment, and responsibilities.
  • New partner practices.
  • Benefit and loss account.
  • Asset withdrawal.
  • Partnership liquidation.

So that the above is the right answer.

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