Lesson Plan

• Describe why a partnership agreement is essential for a partnership.
• Identify the key clauses typically included in a partnership agreement.
• Calculate profit‑sharing based on capital contributions.
• Explain the procedures for admission, withdrawal and dissolution of partners.
• Evaluate how dispute‑resolution and accounting provisions protect the partnership.

• Projector or interactive whiteboard
• Printed handout of partnership agreement clause table
• Sample profit‑sharing worksheet
• Whiteboard markers
• Calculator for each student
• Sticky notes for brainstorming

Begin with a quick poll: “What could go wrong if partners don’t have a written agreement?” Connect to prior learning on business structures and set the success criteria – students will list essential agreement clauses and compute profit shares.

1. Do‑now (5'): Students write potential partnership problems on sticky notes and share.
2. Mini‑lecture (10'): Explain the importance of a partnership agreement and review key clauses using the projected table.
3. Group activity (15'): Teams draft a clause for a given scenario, then present and receive feedback.
4. Guided practice (10'): Solve a profit‑sharing calculation worksheet together.
5. Check for understanding (5'): Quick Kahoot quiz on clause definitions and purposes.

Recap that a clear agreement prevents disputes and guides profit distribution. Students complete an exit ticket by writing the clause they consider most critical and why. For homework, each student drafts a one‑page partnership agreement for a hypothetical business.