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Social Studies, 20.04.2020 22:19 Lakelife12

The articles of partnership should specify
1. name, location, and nature of the business.
2 name investment and duties of each partner
3. procedures for admitting a new partner
4. method of sharing profits and losses among the partners
5. withdrawals of assets but the partners
6. procedures for settling up with a partner who withdraws from the firm
7. procedures for liquidating the partnership-selling the assets, paying the liabilities and giving any remaining cash to the partners.

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The articles of partnership should specify
1. name, location, and nature of the business.

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