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There are many strengths and weaknesses of a partnership. A strength is that a partnership is easy to form. A weakness is that the profits must be shared between all of the partners.
There are many strengths and weaknesses that vary between marriages. One marriage might have poor communication while another might have great communication for example.
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What are the advantages of partnership?
specialization
What are advantages of partnership business?
In a partnership business there are two or more partners. One of the main advantages is the low startup cost.
What advantages does a partnership have over a sole partnership?
The responsibility is shared.Burden of dept can be shared.
What has best tax advantages a Partnership or corporation?
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What were the advantages of corporations over partnership?
coreyscott
The advantages and disadvantages of a partnership?
One disadvantage to having a partnership is the fact that you have to share your profits. An advantage to having a partnership is the fact that if the business fails you can share the losses.
What is the advantages of partnership?
The advantages of a partnership is that you would have someone else to share the burden with. They would also be responsible for half of everything, whether good or bad.
Dis advantages of being a partnership?
abual you idoit why were you sucking goose
What are the advantages of the partnership form of business?
With a partnership you don't have to stress over every decision. You and your partner can share the decision making process.
What advantages does a partnership have over a sole proprietorship's?
The responsibility is shared.Burden of dept can be shared.
What are the advantages and disadvantages of a partnership businesses?
Some advantages of a partnership business is that the gains and losses are shared, you share the resposibilities, and it's easy to set up. But some disadvantages to a partnership business is that each partner is 'jointly and severally' liable for the partnership's debts; that is, each partner is liable for their share of the partnership debts as well as being liable for all the debts, there is a risk of disagreements and friction among partners and management, and each partner is an agent of the partnership and is liable for actions by other partners
Advantages of joint-venture over partnership?
If taxed as a partnership why is a joint venture different. why is it not considered a partnership too Can a member of the joint venture spend whatever they want without consulting the other member
