PARTNERSHIP
*is two or more persons running a business
*two or more persons combine their assets and skills
PARTNER
*each member of a partnership
*must agree on how each partner will share the business's profit or net loss
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2 comments:
Where is the summary of Chapter 11? I do not see the comparison of a proprietorship/partnership. What about the liability of the business? What is held liable in either case?
I'm just done with my work I think? and you?
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