A written agreement that creates a partnership is called the articles of incorporation.

Written Agreement

A contract or agreement that has been documented and signed in written form, providing a tangible record of the terms and conditions agreed upon.

Partnership

This refers to a formally established way of doing business that involves two or more participants jointly managing the operation and dividing the profits.

Articles of Incorporation

Legal documents filed with a governmental entity to legally document the creation of a corporation, outlining key details such as the company's name, purpose, and structure.

Understand the requirements involved in founding, overseeing, and concluding a variety of business types.
Familiarize oneself with the basic categories of business ownership and their specific elements.

Verified Answer

Ceind MayanoMay 27, 2024

Final Answer :

False

Explanation :

A written agreement that creates a partnership is called the articles of partnership.

Learning Objectives

Understand the requirements involved in founding, overseeing, and concluding a variety of business types.
Familiarize oneself with the basic categories of business ownership and their specific elements.

A written agreement that creates a partnership is called the articles of incorporation.

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Learning Objectives

Learning Objectives

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