ENTREPRENEURSHIP

Detailed explanation-1: -A partnership is a legal arrangement that allows two or more people to share responsibility for a business.

Detailed explanation-2: -A partnership is a kind of business where a formal agreement between two or more people is made who agree to be the co-owners, distribute responsibilities for running an organization and share the income or losses that the business generates.

Detailed explanation-3: -A business partnership agreement is a legal document between two or more business partners that spells out the business’s legal structure and purpose.

Detailed explanation-4: -A partnership agreement is an internal business contract that outlines specific business practices for the partners of a company. This document helps establish rules for how the partners will manage business responsibilities, ownership and investments, profits and losses, and company management.