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If you enter into an agreement for your company, this will be called a business partnership agreement. On the other hand, if you set up a partnership pact for the owner companies, this is called a general partnership contract. Regardless of the type of business, you can find several types of partnership on the Internet, download them for free and avoid mistakes by entering into an agreement yourself. While there are different types of agreements, here are a few you need to know; This agreement also allows you to anticipate and resolve potential business disputes, prepare for certain business contingencies, and clearly define partners` responsibilities and expectations. The establishment of an agreement is essential, as it defines the rules and rules relating to partnership by your State. Normally, these rules are known as the Uniform Partnership Act and therefore control your partnership activities. A partnership agreement protects all partners participating in the operation and all persons who intend to do business together should enter into a partnership agreement. A partnership agreement can be established either as a first step to outline the expectations and responsibilities of the partner before the partners start their joint activities, or after the partnership has already been in operation, if no partnership agreement has ever been concluded and the partners wish to codify or clarify the functioning of the partnership.