Types of business organizations

Essay specific features

 

Issue:

Business

 

Written by:

Joyce C

 

Date added:

November 7, 2015

 

Level:

University

 

Grade:

B

 

No of pages / words:

3 / 609

 

Was viewed:

8441 times

 

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Essay content:

In many cases one person is the ostensible partner (active), and one is a general or limited. This means that active partner might be able to make decisions on their own rather than having to confront or discuss it with their partner. The contributions also include whose money is going to what, as well as who is in charge of employee management...
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The contributions also include whose money is going to what, as well as who is in charge of employee management. Business expenses and how they are handled should also be included in a partnership agreement. Which partner does the books, records, and method of accounting would be included in the business expenses...
displayed 300 characters

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