A business partnership agreement is generally known as partnership contract, general partnership agreement, partnership agreement as well as articles of partnership. So, it is mainly considered to be an important contract between the two or more business partners which is used to establish the profit and loss distribution of each partner, responsibilities, and other rules about general partnership such as financial reporting, capital contributions, withdrawals in a business. The partnership agreement template is easily available online to download. For more information about getting a partnership agreement in California, please visit this website.