Anisa Smith and Danielle Johnson decide to go into business together. They start by writing an agreement listing and explaining the terms of the business they will both own, along with each of their responsibilities. Anisa and Danielle created a (n)

They created a articles of partnership.

It is a document where all the rules and clauses are voluntarily established in a limited partnership. This agreement includes the partners' responsibilities, profitability and business-related losses. Although not required by any regulatory body, the partnership article assists in preventing potential conflicts, as well as the correct distribution of responsibilities by each party, as well as preventing irregularities and increasing business compliance.