One thought on “What are the advantage and disadvantages of partnership?

  1. Arti says:

    Partnership Firm: Nine Characteristics of Partnership Firm! Disadvantages Disadvantages Disadvantages Disadvantages Disadvantages Disadvantages Disadvantages Disadvantages A fourth, the limited liability limited partnership (LLLP), is not recognized in all states. A fourth, the limited liability limited partnership (LLLP), is not recognized in all states. There are three relatively common partnership types: general partnership (GP), limited partnership (LP) and limited liability partnership (LLP). Limited Liability – The obvious advantage of a Limited Liability Company is the financial security that comes with business. Advantages of a General Partnership: Advantages of a General Partnership: Advantages of a General Partnership: Advantages of a General Partnership: Advantages of a General Partnership: Advantages of a General Partnership: Advantages of a General Partnership: Advantages of a General Partnership: As already mentioned, the Company’s shareholders will only be liable for any debt the company accrues according to the levels of their own investment and

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