Please help me with the following:
Partnership agreement containing all parts necessary to form the agreement.
The facts of your case are: You and your best friend, Chris, have a business selling shoes at a flea market. They're special shoes. You and your friend make them yourselves and sell them at a handsome profit. Your business has been growing over the past few months and the two of you couldn't be happier. One night, Chris comes to you and says, "We need to talk". Chris has a few questions about the future of your business as any good businessperson should. You decide together to form a "term" partnership.
Draft a partnership agreement that outlines all the rights and duties you have between you and your partners.
Make sure to address:
Name of the partners and the partnership
The term of the partnership (dates--start and end, or is it at will?)
Profits and loss distribution
Other issues as you see necessary
SIMPLE LANGUAGE AND SIMPLE LINES.
NO RUN ON SENTENCES
NUMBER YOUR LINES.
No more than one full page; half a page is acceptable
Research the web BUT DO NOT COPY FROM THE WEB.
List at least THREE sources properly formatted in APA style
1. This agreement was written on January 25, 2007.
2. Partner #1 and Partner #2 have entered into a formal agreement as partners in The Special Shoe Company. This agreement outlines the principles the Special Shoe Company and Partner #1 and #2 will abide by.
3. This partnership is in the business of selling specialized shoes to individuals in need.
4. This Partnership commences on February 1, 2008 and expires on February 1, 2010 at which time the agreement becomes void
5. This is ...