WAEC - Economics (2016 - No. 21)
In a partnership, the conduct of members is guided by
a memorandum of understanding
the article of partnership
an article of association
a partnership constitution
Maelezo
Articles of partnership is a voluntary contract between/among two or more persons to place their capital, labor, and skills into business, with the understanding that there will be a sharing of the profits and losses between/among partners.