The Verbal Partnership Trap: Why a Handshake Deal Is Not Enough to Define Ownership
You and your best friend have been talking about opening a bakery together for years. Finally, you both decide to go for it. You shake hands, agree to split things “fifty-fifty,” and start baking. Six months later, she’s telling customers she’s the co-owner, making purchasing decisions without you, and your friendship is on the rocks. […]
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