When there is no formal, written partnership agreement, and agreement to form a partnership is enforceable. True False

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07-04-2022
Business

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When there is no formal, written partnership agreement, and agreement to form a partnership is enforceable. True False

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mboluwape mboluwape · Answer 1 · 2022-04-12T05:31:08-04:00

When there is no formal, written partnership agreement agreement to form a partnership is not enforceable. i.e False.

What is partnership?

Partnership involves two or more people coming to terms over a business idea or strategy.

This partners have a mutual agreement to pull their resources together for profit.

Therefore, When there is no formal, written partnership agreement to form a partnership is not enforceable. i.e False.

Learn more on partnership here,

https://brainly.com/question/25012970

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What is partnership?

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