Xania and Kim Are Drafting a Written Partnership Agreement

question 2

Multiple Choice

Xania and Kim are drafting a written partnership agreement.Which of the following is least likely to be included in the partnership agreement?

• A)A term stating that each partner will make an initial financial contribution of $10 000.
• B)A term stating that the partnership will be an ongoing one.
• C)A term stating that profits and losses are to be shared equally.
• D)A term stating that decision making will be by majority.

---

Definitions:

Similarity

The state of being alike or sharing common features, which can influence attraction and group cohesion.

Complementarity

A principle in relationships and systems where different components or participants enhance or complete each other’s qualities or functions.

Reciprocity

A social norm or practice involving mutual exchange of favors or benefits, where actions by one party lead to a response from another.

Principles Of Attraction

Fundamental guidelines or factors that explain how and why individuals are drawn to others, including aspects such as similarity, proximity, and physical attractiveness.