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In 2007, interest rates in Germany were 4.7 percent while the inflation rate was 1.7 percent. In 2008, interest rates increased to 5.3 percent and the inflation rate increased to 2.0. As a result, there is
Partnership Agreement
A contract between partners in a business that outlines the business structure, distribution of profits and losses, and the terms for changes and dissolution.
Withdrawal
The act of removing oneself or stopping participation in an activity, agreement, or investment.
Actual Authority
The specific powers that an agent is given by a principal to carry out tasks on their behalf.
Partnership
A legal form of business operation between two or more individuals who share management and profits.
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