Washington, Dec 13 : A signed legal agreement between Apple's late co-founder Steve Jobs and his college Robert Friedland has reportedly fetched an eye-popping sum of 40,045 dollars at an auction.

The 8-page document dates back to August 17, 1978 and Tristar Productions CEO Jeff Rosenberg bought it at the RR Auction house.

RR Auction Vice President Bobby Livingston said that in 30 years of business they have only offered one other Jobs item, a signature; while the recently auctioned document, was incredibly substantial and significant in its connection to a major figure in his life, and is of the utmost rarity, Cnet reports.

According to the report, the document was a partnership agreement between Jobs and Friedland for a 'place of business' in McMinnville, Ore and it is unclear what became of the business venture between the two friends. (ANI)