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Do Partnership Agreements Have to be in Writing?


While it is always preferred to have a written agreement defining the type of partnership, the purpose of the partnership, the duties and obligations of the partners, distribution of partnership profits and other key terms,  under New Jersey law the short answer is no.  An agreement to create a partnership may be oral, written or implied by the c...

Posted by , March 14, 2014 • Contracts, Litigation

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