In this Agreement, the Managing Partner (or General) is the one who is known to the public and who may assume additional financial debts. The tacit association agreement describes the terms of that agreement. If all parties know the limits before the agreement and comply with them, problems can usually be avoided if things don`t go as planned. Silent partners offer financial support and partnership to fund and grow a business, but complementary ones are individuals or groups of people who have control over the management, function, and expenses of a business.

Silent Partner Business Agreements | כללי | Comments (0)