Partnerships
- Created by: mattisrenee
- Created on: 20-01-15 13:54
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- Partnerships
- A partnership has shared responsibility
- More people are also contributing capital
- There is less time pressure on individual partners
- There is someone to talk to about business decisions
- Shared responsibility
- Disputes can arise over decisions
- The distribution of profits can cause problems
- A partnership has has unlimited liability
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