Threats to business comprises
Write a brief note on the things which Threats to business comprises?
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The threats might come from the following:
a) Raised competition: either new low-fare competitors entering the market or traditional airlines decreasing fares to compete.
b) Fuel price increases.
c) Rising congestion at airports, making it more complex to turn aircraft around rapidly.
d) Modifications in the regulatory environment.
e) Susceptibility to a downturn in the economic circumstances.
Liability of partners: A) Under contract law: Liability is joint only (collectively); The creditor has only one right of action (except in NSW, where liability is now joint and several).
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