A Business Partnership Agreement is a legal document that outlines the terms of a business partnership between two or more parties. It sets out the duties and responsibilities of each party, how profits will be shared, how debts will be settled, and other important details related to the operation of the business. A Business Partnership Agreement also establishes procedures for resolving disputes and terminating the partnership in an orderly manner. By signing a Business Partnership Agreement, all partners agree to abide by the decisions made in the agreement, creating a solid foundation for successful collaboration.