E13-1 Characteristics of a partnership [5–10 min] Theresa Thayer, a friend from university, asks you to form a partnership to import fragrances. Since graduating, Thayer has worked for the Spanish Embassy, developing important contacts with government officials. Theresa believes she is in a unique position to capitalise on an important market. With expertise in accounting, you would have responsibility for the partnership's accounting and finance. Requirement List the seven items that would need to be incorporated into the written partnership agreement.

E13-1 Characteristics of a partnership [5–10 min] Theresa Thayer, a friend from university, asks you to form a partnership to import fragrances. Since graduating, Thayer has worked for the Spanish Embassy, developing important contacts with government officials. Theresa believes she is in a unique position to capitalise on an important market. With expertise in accounting, you would have responsibility for the partnership's accounting and finance. Requirement List the seven items that would need to be incorporated into the written partnership agreement.

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter12: Differential Analysis And Product Pricing

Section: Chapter Questions

Problem 12.4E

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