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Articles of partnership is a voluntary contract between two or among more than two persons to place their capital, labor, and skills, and corporation in business with the understanding that there will be a sharing of the profits and losses between/among partners. Outside of North America, it is normally referred to simply as a partnership agreement.〔 〕 A partnership agreement is the written and legal agreement between business partners. It is always recommended but not essential for partners to have such an agreement. == Articles of Partnership== There are also multiple sections often included as well in articles of partnership, based on the circumstance: * ''Host agreement'' – includes the granting of one partner the rights to manage and administer the business or a specific department. * ''Majority management'' – includes the authorization of a majority of partners to manage the affairs of the entire partnership. This is particularly common where there are numerous partners. * ''Annual account'' – includes provisions to account for, annually, the property and debts of the business. * ''Consistent interest'' – includes the forbidding of any partner to carry out business unrelated to the partnership. This is usually implied in articles of partnership. * ''Misconduct expulsion'' – includes the allowance of expelling partners who commit gross misconduct or becomes insolvent, bankrupt, etc. This is particularly common where there are numerous partners. * ''Resolution of dispute'' – includes the submission of arguments to arbitration. * ''Causes income losses '' - includes the decline of income if companies losses profit. 抄文引用元・出典: フリー百科事典『 ウィキペディア(Wikipedia)』 ■ウィキペディアで「Articles of partnership」の詳細全文を読む スポンサード リンク
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