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What is a Florida partnership agreement?
A Florida partnership agreement is a document entered into by the partners that sets out the 'rules' for running the Florida partnership. The agreement can specify such items as who has the authority to run certain aspects of the business, who has the authority to make business decisions, and, in some types of partnerships, how the profits and losses should be distributed. Partnership Agreements are complex, and it is recommended that you consult with an expert before entering into an agreement.
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