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anet, Julie and Bettie have a partnership that makes birthday parties for young children. Janet
contributed a car worth $10,000. Bettie contributes her artistic talents and expertise. Julie
contributed her computer and her technology and marketing skills. What type of partnership
agreement should they have to determine how they should divide up any profits from the
business? Should Bettie's contribution be valued the same as Janet's? as Julie's? Why or why
not?

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anet, Julie and Bettie have a partnership that makes birthday partie.pdf

  • 1. anet, Julie and Bettie have a partnership that makes birthday parties for young children. Janet contributed a car worth $10,000. Bettie contributes her artistic talents and expertise. Julie contributed her computer and her technology and marketing skills. What type of partnership agreement should they have to determine how they should divide up any profits from the business? Should Bettie's contribution be valued the same as Janet's? as Julie's? Why or why not?