Describe a situation where you would use a partnership
Problem
Describe a situation where you would use either a partnership or a sole proprietorship to form a business. What risks would you be concerned about with that structure? What would you do to reduce these risks?
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Describe a situation where you would use either a partnership or a sole proprietorship to form a business.
What would their relative price index (RPI), unit sales and market share need to be?
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Analyze your assessment of potential legal liability in this case, along with next steps you would suggest for the organization take.
What rules/terms from the chapter are relevant/needed to answer? What additional facts would you like to see?
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